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Oct. y-o-y: UK inflation surges to 10-year high of 4.2%, CPI with housing rises by 3.8%
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The UK says its consumer price index, including housing costs, rose by 3.8 percent in October compared to last year. Just in September, the figure was below 3 percent. Britain accounts three sectors for the high inflation: prices of housing and household services, transport, and restaurants and hotels. Some analysts say this is a result of a temporary scheme that encouraged more British people to eat out.

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