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U.K. Inflation Rate Unexpectedly Increases to 3.3%

The U.K. inflation rate unexpectedly accelerated to a six-month high in November, adding to the case for policy makers to rein in cost pressures.

Consumer prices rose 3.3 percent from a year earlier after a 3.2 percent increase in October, the Office for National Statistics said today in London. That’s the highest since May and exceeded the 3.2 percent median forecast of 33 economists in a Bloomberg survey. Food prices jumped 1.6 percent on the month.