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Evening Standard
Evening Standard
World
Daniel O'Boyle

Inflation rises to 10.4% in surprise reversal of recent trend

Inflation Bank of England Interest Rates

Inflation rose to 10.4 per cent in February up from 10.1 per cent in January in a suprise reversal of a recent downward trend.

The upward push is a result of food and non-alcoholic drink prices reaching their highest rate in more than 45 years. It may also force the Bank of England to raise interest rates higher to slow price growth as a result.

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