U.K. inflation stable in August; CPI rose 3.8% on the year
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In August, the U.K. saw its inflation rate stabilize, with the Consumer Price Index (CPI) rising by 3.8% compared to the previous year. This stability is significant as it indicates a pause in the rapid price increases that have affected consumers and businesses alike. Understanding these trends is crucial for policymakers and economists as they navigate the economic landscape.
— Curated by the World Pulse Now AI Editorial System