Cost of living soars to highest point in 30 years as inflation hits 5.4%

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Cost of living soars to highest point in 30 years as inflation hits 5.4%
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BREAKING: Inflation rose to 5.4% last month – the highest rate since March 1992.

Inflation has soared to its highest level in 30 years as Britain’s cost of living squeeze intensifies.It comes a day after official data showed wage rises for UK workers are already being wiped out by surging prices.

‘These large rises were slightly offset by petrol prices, which despite being at record levels were stable this month, but rose this time last year.

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