Sep 14, 2010

Inflation resilient but housing market weakens | Reuters

Fruit is displayed in the window of a cafe, in London July 14, 2009. REUTERS/Luke MacGregor

LONDON | Tue Sep 14, 2010 2:15pm BST

LONDON (Reuters) - British inflation defied expectations for a fall in August but property prices weakened further and the Bank of England's newest recruit signalled he was in no rush to raise interest rates.

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