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The Independent UK
The Independent UK
Business
Karl Matchett,Dan Haygarth and Athena Stavrou

UK inflation latest: Price growth drops to 10-month low prompting hopes of interest rate cut

Inflation United Kingdom the Office of National Statistics

UK inflation has fallen to 3 per cent, its lowest since last March, prompting hopes that an interest rate cut will follow.

The fall in the Consumer Price Index (CPI) data, published by the Office of National Statistics, follows a surprise rise in December to 3.4 per cent.

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