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UK inflation hits near 30-year high, pressuring BoE and households

  • CPI rises to 5.4% in December, highest since March 1992
  • Bank of England seen raising interest rates next month
  • Some signs of easing price pressures for manufacturers

LONDON, Jan 19 - Inflation in Britain rose faster than expected to a near 30-year high in December, intensifying a squeeze on living standards and putting pressure on the Bank of England to raise interest rates again.


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