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UK inflation at six month high

Christian Fernsby |
UK inflation in January rose to a six month high as petrol and house prices rose, official figures show.

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Topics: INFLATION    UK   

The Consumer Prices Index (CPI) stood at 1.8% last month, up from 1.3% in December, the Office for National Statistics said.

"The rise in inflation is largely the result of higher prices at the pump and airfares falling by less than a year ago," the ONS said.

The rise is ahead of economists' CPI forecast of 1.6% in January.

CPI remains below the Bank of England's 2% target for inflation.


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