UK inflation hits 6.2%, the highest level in three decades

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UK inflation hits 6.2%, the highest level in three decades
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February figure from ONS is higher than 5.9% predicted by economists, underlining cost of living squeeze

Britain’s cost of living squeeze intensified further last month, according to official figures showing inflation reached 6.2% in February – announced before Rishi Sunak’s spring statement.showed a jump in the government’s preferred measure of the cost of living from 5.5% in January, fuelled by the rising cost of petrol and diesel and a wide range of goods from food to toys and games.

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