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we begin in the uk, where inflation is rising at its fastest rate in decades as fuel, energy and food costs surge. the price rises are putting increasing pressure on household budgets, we ll find outjust how much pressure in the coming hours when the country s cpi inflation figure for march is released. prices rose by 6.2% in the 12 months to february, and the uk s office for budget responsibility suggests they could rise as high as 8.7% in the final three months of 2022. at the beginning of this month, energy bills rose by as much as 5a%, following the introduction of a higher price cap for how much energy firms can charge consumers. all this, of course, is eroding spending power. new data released on tuesday found that while wages rose for public sector workers, price rises outpaced them meaning a 3% drop in spending power, the biggest fall in 20 years. in a moment, we ll be taking a closer look at what today s figures may reveal, but first dougal shaw has been visiting som
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