BGN Entrepreneur

Inflationary fears mounted after the cost of goods leaving British factories jumped by more than expected and amid warnings that higher oil prices could damage the economic recovery.
Figures from the Office for National Statistics indicated that producer price inflation climbed to a four-month high in December, while the cost of materials used by manufacturers rose at the fastest pace in eight months.
Separate figures showed UK is not alone in battling inflation, as the CPI figure for the eurozone rose to 2.2%, the first time in two years that it exceeded the target of close to, but below, 2%.

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