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The Independent UK
The Independent UK
National
Chiara Giordano

Inflation soars to highest level in almost 30 years

Office for National Statistics
Getty Images

Inflation rose to 5.4 per cent in December, reaching the highest level in almost 30 years.

The Office for National Statistics (ONS) said the rate of Consumer Price Index inflation increased to 5.4 per cent in December from 5.1 per cent in November – the highest since March 1992, when it stood at 7.1 per cent.

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