Inflation Under Control ( Blair

Summary


Prime Minister Tony Blair claimed inflation was "under control" yesterday as he sought to allay concerns after the rate hit a 10- year high.

Mr Blair blamed the 3% rise in the Consumer Prices Index (CPI) on high oil prices over the past year and said he expected the rate to ease back to the 2% target as the cost of oil reduced.

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Inflation Under Control ( Blair

The Office for National Statistics infla...

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