Producer prices in the U.K. advanced 1.4% in April after climbing 0.9% the previous month, exceeding economists’ expectations of 0.5% as the cost of oil increased fanning inflation pressures in the economy.

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Producer prices in the U.K. advanced 1.4% in April after climbing 0.9% the previous month, exceeding economists’ expectations of 0.5% as the cost of oil increased fanning inflation pressures in the economy.

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