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Chancellor reacts to latest UK inflation rate

Video Credit: ODN - Duration: 00:53s - Published
Chancellor reacts to latest UK inflation rate

Chancellor reacts to latest UK inflation rate

Chancellor Jeremy Hunt warns that financial pressure on UK households is likely to continue while the rate of inflation remains at 4% (double its 2% target).

The rate of Consumer Prices Index inflation remained at 4% in January, unchanged from December, the Office for National Statistics said.

Report by Kennedyl.

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