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Inflation rises
Inflation is at a two-year high. Under the Retail Prices Index (RPI), the measure favoured by union negotiators, the annual inflation rate was up 2.2% in November.
Dearer clothing — which saw its biggest rise since 2010 — and fuel were the main contributors to the increase.
Under the Consumer Prices Index, the government’s preferred measure, the annual rate of inflation was up to 1.2% from 0.9% in October.