UK Household incomes squeezed further as inflation to near 3pc

Economists at Investec expect the Office for National Statistics (ONS) to reveal that the annual rate of inflation, under the consumer prices index (CPI), rose to 2.9pc in December from 2.7pc a month earlier. The retail prices index (RPI), typically used for wage settlements, is forecast to have …

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UK Household incomes squeezed further as inflation to near 3pc

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