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Expectations for inflation in Britain in the next 12 months stabilised this month after rising sharply in July, according to a Citi/YouGov survey on Thursday. Official consumer price inflation edged up in July. A sharp rise in prices paid by manufacturers suggests Britain's headline inflation rate will head higher in the coming months.
The death toll from a powerful earthquake in central Italy rose to 247 on Thursday amid fears many more corpses remain buried in the rubble of devastated mountain villages. As rescuers sifted through collapsed masonry in the search for survivors, questions mounted as to why there had been so many deaths so soon after the 2009 L'Aquila disaster, exposing Italy's vulnerability to earthquakes. "In Amatrice alone we are already over 200 deaths," said Sergio Pirozzi, the mayor of one of the worst-affected villages, suggesting the total number of victims could rise significantly.