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The Independent UK
The Independent UK
Albert Toth

Why inflation has risen above expectations – and what it means for you

Inflation Office for National Statistics Rachel Reeves United Kingdom

UK inflation climbed by more than expected in July, official figures reveal, as soaring air fares for summer holidays and food prices continue to rise.

The Consumer Prices Index (CPI) rose to 3.8 per cent last month, up from 3.6 per cent in June, according to the Office for National Statistics (ONS).

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