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Inflation remains at 2.7%

The rate of consumer price index inflation remained unchanged at 2.7% in December, official figures showed.

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Energy bills expected to boost inflation

Steep energy bill hikes are predicted to have kept inflation painfully high in figures for December 2012 due out later.

Energy bills expected to boost inflation Credit: Katie Collins/PA Wire

Most economists predict that benchmark Consumer Prices Index will remain at 2.7% for the third month in a row in December after a wave of energy tariff hikes came into effect.

But some experts believe inflation may have even increased further away from the Government's 2% target, highlighting yet more pain for hard-up households.

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