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UK inflation rises in July

UK inflation rose to 2.5 per cent in July, after holding steady at 2.4 per cent in the previous three months, as the cost of transport and computer games increased.
 
It was the first jump in the Consumer Prices Index measure since November and was in line with forecasts.
 
Meanwhile, the Retail Prices Index (RPI) measure of inflation fell to 3.2 per cent.
 
The UK Department for Transport uses the RPI figure to set the maximum annual increase for regulated rail fares.


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