British inflation rose to its highest level in more than five years in September, official data showed on Tuesday, adding to the likelihood that the Bank of England will raise interest rates next month.Consumer prices last month were 3.0 percent higher than a year ago, the Office for National Statistics said, matching economists’ average expectation in a Reuters poll and marking the fastest rise since April 2012.Rising inflation – driven largely by the pound’s fall since last year’s vote to leave the European Union – has squeezed household incomes, causing broader economic growth to slow.
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