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Tuition fees push inflation up

UK inflation leapt to 2.7% last month after university students were hit with a near-trebling in tuition fees and households faced rising food costs, official figures revealed.

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Tuition fees increase push inflation up to 2.7%

The near-trebling in tuition fees was the primary reason UK inflation leapt to 2.7% - up from 2.2% in October which is the largest increase in more than a year.

Tuition fees increase has helped push inflation up. Credit: Chris Ison/PA Wire

Education costs jumped by 19.1% last month - the largest since records began - the Office for National Statistics said.

Students starting at university this year will have to pay up to £9.000 a year - increased from a cap of £3,375 a year ago.

The rise in inflation was far more than economists had pencilled in and marks the first time inflation has risen since July.

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