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AJ Bell financial analyst Laith Khalaf
The Consumer Price Index (CPI) rose by 2.5% in the 12 months to June 2021, marking the strongest acceleration in inflation since August 2018, Office for National Statistics (ONS) figures show.
The 12-month inflation rate spells a 40-basis point uptick compared to the 2.1% rise over 12 months to May, while inflation for June alone increased by 0.5%, compared to a 0.1% uptick over the same timeframe...
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