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UK inflation holds steady at 6.7% in September

Persistent price growth adds to pressure on Bank of England to hold interest rates at elevated levels for extended period
Higher motor fuel prices and rates on hotel accommodation offset downward contributions from food and beverage prices

UK inflation held steady in September at 6.7 per cent, maintaining pressure on the Bank of England to hold firm in its efforts to curb price growth.

The rate of consumer price inflation had been forecast to fall to 6.6 per cent in the 12 months to September, according to economists polled by Reuters.

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