UK inflation up to 4.4% in July

The UK's annual rate of inflation rose to 4.4% in July, its highest level since records began in 1997.

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The 0.6% rise was also the biggest monthly change since records began and took the figure to more than twice the government's target. The rise in the Consumer Prices Index (CPI) was more than expected, with food prices up a record 13.7% on the year.

Full Story: UK inflation up to 4.4% in July

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