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Why has CPI inflation increased?

UK CPI inflation has reached 2.2% – the first growth in more than six months.

However, it has increased by less than central bankers at the Bank of England and economists polled by Reuters had forecast. Those observers anticipated a rise to 2.3%.

Paul Kelso looks at what may have caused it.

Read more: https://news.sky.com/story/inflation-rate-grows-for-first-time-in-more-than-six-months-13196755

#inflation #bankofengland #economy

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