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Producer Prices Feed Higher Consumer Prices

Producer Prices Feed Higher Consumer Prices

“We’re going to see this rise in (UK) producer prices feeding through to higher consumer prices,” Sarah Hewin from Standard Chartered Bank told CNBC Friday. The long-term forecast for inflation, shown in next week’s inflation report, “will be below the 2% target over the medium term,” she added.

CNBC | November 6, 2009Watch more videos from CNBC

Tags:. .cnbc. .inflation. .forecast. .consumer prices. .chartered bank

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