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On a monthly basis, CPI fell by just 0.1% in January 2025 compared with a 0.6% fall in January 2024.
UK inflation increased sharply in January, hitting 3%, its highest rate since March 2024, creating cause for concern about the UK’s macroeconomic outlook.
According to data from the Office for National Statistics (ONS), the UK Consumer Prices Index (CPI) came in 0.2 percentage points above the 2.8% figure forecast by economists polled by Reuters. ...
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