UK inflation rises to 5.5% UK consumers continue to feel the cost-of-living squeeze, as inflation climbed to its highest level in 30 years. January CPI rose to 5.5% y/y, up from 5.4% in December and ticking above the consensus of 5.4%. Similarly, Core CPI rose from 4.2% to 4.4% and beat the forecast of 4.3%. […]

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