UK CPI falls to 12-year low in November

The data released by the UK Office for National Statistics (ONS) today showed the inflation faced by households cooled down to a 12-year low.
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GBP/USD jumps above 1.57 handle, ignores bearish UK CPI print

The British pound jumped against the US dollar after witnessing a sharp drop immediately after the release of UK price pressures print which slowed to the lowest level since September 2002.
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