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UK inflation rate: How quickly are prices rising?

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Summary
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90% Informative

Inflation has fallen significantly since it hit 11.1% in October 2022 , which was the highest rate for 40 years .

But that doesn't mean prices are falling - just that they are rising less quickly.

At 2.2% , UK inflation is now the same as the rate for countries using the euro.

The Bank of England has a target to keep inflation at 2% ..