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UK inflation likely to rise amid hike in cigarette, petrol rates

UK inflation likely to rise amid hike in cigarette, petrol rates
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SandhyaBy : Sandhya

  |  18 Dec 2024 5:52 PM IST

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The rate of price rises in the UK is likely to have increased last month, as a hike in tobacco duty and petrol costs drove inflation higher. The Office for National Statistics (ONS) will announce the latest monthly Consumer Prices Index (CPI) reading on Wednesday.

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