U.K. Inflation Stays at 2.7% as Price Pressures Mount: Economy

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U.K. inflation held at the highest rate since May last month and pipeline price pressures increased as crude oil costs rose.

Consumer prices rose 2.7 percent from a year earlier, the Office for National Statistics said today in London, matching the median estimate of 36 economists in a Bloomberg News survey. Separate reports showed factory input prices surged the most in five months in January while house prices gained in December by the most since November 2010.