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Benchmark inflation jumps higher than feared to 4.4%

Benchmark UK inflation rocketed much higher than feared in July, to 4.4% from 3.8% in June, while the old retail prices index measure hit a 17-year high of 5%.

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IAN McCONNELL, Business Editor

Benchmark UK inflation rocketed much higher than feared in July, to 4.4% from 3.8% in June, while the old retail prices index measure hit a 17-year high of 5%.