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UK inflation unchanged at 2.7% for record fourth month in a row

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The UK consumer prices index has remained unchanged at 2.7 per cent for a record fourth consecutive month in January 2013, according to figures from the Office for National Statistics.

The largest upward pressures on CPI came from alcohol and air fares, while the largest downward pressures come from miscellaneous goods & services and clothing.

RPI grew to 3.3 per cent in January 2013, up from 3.1 per cent in December 2012.

Inflation is expected to rise slightly in 2013 as increases in electricity and gas prices take effect.

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