UK consumer inflation holds steady despite Brexit pressure

British inflation unexpectedly held steady in August, keeping the chance of another Bank of England rate cut on track despite a big rise in raw material costs after June’s vote to leave the European Union. The annual rate of consumer price inflation was unchanged at 0.6 percent in August, compared with economists’ forecast for it to increase to 0.7 percent, the Office for National Statistics said on Tuesday. Lower prices for clothing, hotels and wine offset an upward effect from fuel