UK Inflation Data Reflects Earlier Price Hikes
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UK Inflation Data Reflects Earlier Price Hikes

"It's not really showing what the UK economy is producing in terms of domestic inflationary pressure at the moment, let alone in a year's time and largely reflects gas and electricity tariff increases off the back of a surge in energy prices we saw in the first half of the year," Philip Shaw, Chief Economist at Investec told CNBC after UK September inflation hit a 3 year high.
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Tue, Oct 18 20114:30 AM EDT