UK inflation unexpectedly overshoots BoE target in July
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LONDON, Aug 14 (Reuters) - Britain's inflation rate unexpectedly overshot the Bank of England's 2% target on Wednesday, raising the cost of living even before sterling's recent slide has had a chance to feed into consumer prices.Prices rose at an annual rate of 2.1% in July after 2.0% consumer price inflation in June, the Office for National Statistics said, bucking the average expectation in a Reuters poll of economists for a fall to 1.9%Earlier this month the Bank of England forecast that..