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Inflation ratchets up
In January, the annual inflation rate under the Retail Prices Index was up to 2.7% from 2.2% at the end of 2019.Inflation under the Consumer Prices Index Housing (CPIH), which includes housing costs, was pushed up to 1.8% from 1.4%, while the Consumer Prices Index (CPI) was up to 1.8% from 1.3%.
The rise was largely the result of higher petrol pump prices, while air fares fell by less than a year ago, said the Office for National Statistics.