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Analysis

Cost of Living: What is the impact of core inflation's rise to 7.1% on households?

Core inflation, which strips out volatile elements such as fuel and food, rose in May, the ONS data shows. It ticked up from 6.8% to 7.1% in what will be a significant worry for the Bank of England and the government.

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Sky's business correspondent Paul Kelso analyses the latest inflation figures from the ONS and the impact on households' living standards.
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