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Report on recent macroeconomic performance of the UK
Inflation rate
Inflation rate refers to a general rise in prices measured against a standard level of purchasing
power. UK annual inflation stands at 3.4% in February 2012, down from 3.6% in January. The
largest downward pressures to the change in annual…

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The unemployment rate in the UK last reported increased from 8.3% at 8.4% in January 2012. It
rose by 28,000 to 2.67 million. The unemployment total for 16-24 year olds rose by 16,000 to
1.042 million, taking the unemployment rate for that age group to 22.5%. Despite the continued


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