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Latest inflation figures are expected to show no immediate end to the squeeze on consumer spending. The rate for May is expected to remain at 3%.
A fall in inflation would increase the case for the Bank of England to pump more emergency cash into the economy as the eurozone crisis escalates and threatens to destabilise the UK economy.
Latest ITV News reports
The latest inflation figure of 2.8% has surpassed economists' expectations following falls in food and petrol prices.