Rise in cost of living

Inflation has risen. The ONS says CPI is 3.5 per cent, up from 3.4 per cent in February. This is the first rise in inflation since September last year.

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Treasury: Inflation expected to continue to fall

A spokesman for the Treasury said: "Inflation has fallen by a third since September. Most market commentators expect inflation to continue falling later this year, providing ongoing relief for family budgets."

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