Inflation flat despite energy price cap rise

Published

6 minutes ago

The UK's inflation rate remained unchanged last month, despite an increase in the energy price cap, official figures show.

Inflation, which measures how prices rise over time, stood at 4% in the year to January.

The new energy price cap meant the typical annual household bill went up to £1,928, a rise of £94.

However, other prices falling, such as for food and furniture, offset the energy increase.

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