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Economy

Inflation sees biggest jump on record in August

The ONS attributed this increase to depressed prices in August 2020 from the Governmentโ€™s Eat Out to Help Out Scheme paired with previous reductions in VAT

UK inflation saw its largest jump since records began in August, as the rate spiked to 3.2% in a 12 month period, up from 2% year-on-year in July.

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