UK inflation climbed to the highest level in 10 months in January, boosted by the cost of airfares, motor fuel, food and the imposition of value-added tax on private school fees.
Consumer prices increased 3 percent from a year earlier, accelerating from a 2.5 percent pace in December, the Office for National Statistics said Wednesday. It was above the 2.8 percent forecast by economists and the Bank of England.
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