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Markets braced for rising inflation
Tuesday 11 April
UK inflation recently hit a two-and-half-year high. Are we in a firm upwards trend, or has inflation peaked? We’ll find out on 11 April when the next official data is published. Most market commentators expect inflation will keep rising.
The Office for National Statistics recently moved to a new headline rate of inflation CPIH. Unlike its predecessor CPI, this new measure takes into account owner-occupiers’ housing costs and council tax.