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The Independent UK

Business

Camilla Foster

RARE PHOTOS: What the inflation jump really means for your finances - The Real Truth

Inflation Matthew Parden Adam French Alamy

Inflation can impact everything from your food shop to mortgage rates (Alamy/PA) -

UK inflation soared to its highest point in 10 months in January, according to the latest Office for National Statistics (ONS) data.

ONS has said that The Consumer Prices Index (CPI) inflation rate increased to 3% in January 2025, up from 2.5% in December 2024.

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