Inflation set to hit 14-month high

Press Association
Updated
Mark Carney
Mark Carney

Inflation figures are set to hit a 14-month high after June saw a surge in prices at petrol pumps and on supermarket shelves.

Consumer Prices Index (CPI) inflation is expected to rise to around 3% from May's 2.7% level, when rising air fares and more expensive clothing and footwear intensified the squeeze on consumers.
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