Inflation rate rises for first time this year to 2.2%

The UK's inflation rate has risen for the first time since December, ticking up to 2.2% in the year to July.

It means overall prices are rising faster than the Bank of England's 2% target, although an increase was widely predicted.

The rise is largely due to prices of gas and electricity falling by less than they did last year.

The Bank expects inflation to rise further this year before falling back again.

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