The fresh figures, due on Wednesday morning, are expected to show that Consumer Prices Index inflation a measure of the costs that households face hit 4.2 per cent in January.
While inflation has fallen from a 41-year high of 11.1 per cent in October 2022 to below prime minister Rishi Sunak's stated goal of 5 per cent by the end of 2023, it remains above the Bank of England's longstanding target of 2 per cent.
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