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U.K. Inflation Returns to Zero

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 U.K. inflation returned to zero in August, driven down by the cost of motor fuel and clothing. A measure of core price pressures also eased.

Consumer prices were unchanged compared with a year earlier following a 0.1 percent annual gain in July, the Office for National Statistics said in London Tuesday. The figure was in line with the median forecast of economists in a Bloomberg survey. Inflation excluding volatile food and energy costs slowed to 1 percent from 1.2 percent, also as predicted.