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The Independent UK
The Independent UK
Business
Anna Wise

UK inflation steady but experts warn of cost-of-living ‘twist’ in months ahead

Inflation United Kingdom Iran The Bank of England Bank of England Edward Allenby Deutsche Bank Pantheon Macroeconomics

Experts have warned of another “twist” to the cost-of-living story in the months ahead, as war in the Middle East is set to send energy bills soaring.

The rate of Consumer Prices Index (CPI) inflation has been gradually easing back towards the Bank of England’s two per cent target level since last summer.

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