Money Minute Wednesday 16 October: house prices and inflation

In today's Money Minute, we get the latest numbers on UK house prices and inflation.

This morning in the UK, we get the latest inflation data.The Bank of England aims for prices to be rising at a rate of around 2% a year.In August, judging by the consumer price index which is the official target measure prices were rising at 1.7% a year.Inflation for September is expected to come in a little higher, but still well within the Bank's target range.

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