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Wales Online
Wales Online
Politics
Branwen Jones

Cost of living rises by a massive 5.4% in the UK

The UK cost of living has risen by up to 5.4% in the 12 months to December.

This is the highest rate of increase in 30 years. According to Office for National Statistics (ONS), the Consumer Prices Index measure saw the rate of inflation rise even further from the 5.1% recorded in November, which was driven by housing and transport.

The rate continues to be above the Bank of England's 2% inflation target.

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