LONDON U.K. annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week. The Consumer Prices Index reached 2.6 percent in the 12 months to November, up from 2.3 percent for October, the Office for National Statistics (ONS) said in a statement. CPI had struck a three-year low of 1.7 percent in September before higher energy bills pushed it back above the BoE's

Tag-uri: Inflatie