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U.K. September Inflation Rate Unexpectedly Stays at 2.7%

U.K. inflation was unexpectedly unchanged in September as air fares offset a decline in gasoline prices.

Consumer prices increased 2.7 percent from a year earlier, the Office for National Statistics said in London today. The median forecast of 34 economists in a Bloomberg News survey was 2.6 percent. A separate report showed house-price growth accelerated in August, with increases in London driving a national index of values to a record.