The latest data from the UK's Office for National Statistics (ONS) reveals a modest uptick in the Consumer Price Index (CPI), with inflation edging up by 3.2 percent in the 12 months leading to March 2024. This marks a slight decrease from the 3.4 percent recorded in February. On a monthly basis, CPI saw a 0.6 percent increase in March, a modest slowdown from the 0.8 percent rise observed in the same period last year.
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