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Inflation Fee Will increase To zero.5% In March

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Inflation rose to zero.5% in March, up from zero.three% the month earlier than, official figures present.

It’s the highest price of Shopper Worth Index (CPI) inflation since December 2014, the Workplace for Nationwide Statistics (ONS) stated.

CPI statistician Phil Gooding stated: “After an unprecedented interval of CPI being near zero, inflation has begun to rise once more. 

“Dearer clothes and better air fares, influenced by the timing of Easter, are behind the rise in CPI, which continues to be low by historic requirements.” 

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