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UK Inflation Weakens To 10.1%

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

UK consumer price inflation eased more than expected in January on lower fuel prices, but the rate remained elevated, squeezing household income and adding more strain on the cost of living.

Consumer prices registered an annual growth of 10.1 percent in January, following the 10.5 percent increase in the previous month, data published by the Office for National Statistics showed Wednesday.

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