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Evening Standard
Evening Standard
Business
Jonathan Prynn

Inflation tipped to hit 10% as living standards fall further

UK inflation will peak at more than 10% later this year, the OECD said (Dominic Lipinski/PA)

(Picture: PA Archive)

A flurry of economic data will this week show that the squeeze on living standards tightened last month as the rate of inflation continued its relentless march towards double figures.

First the good news.

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