UK inflation fell to 10.1 percent in January, though it was still five times the Bank of England's target level.

(Bloomberg)

[Financial Channel/Comprehensive Report] Inflation in the UK fell to 10.1% in January, which was better than the 10.3% originally expected by the market. It is the third consecutive month of decline. However, food and energy prices are still high. The pressure is still not small.

"CNBC" reported that the UK's inflation has declined month by month since it hit a 40-year high of 11.1% in October. The UK's CPI in January increased by 10.% year-on-year, and the core CPI fell from 5.8% last month to 5.3%. Among them, housing , natural gas and electricity, food and non-alcoholic beverages and other commodity prices are still high; and the largest price declines are transportation and catering and other items.

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Richard Ollive, a senior consultant at the financial services company Wesleyan, believes that although inflation has cooled, prices are still rising, but the increase is slowing down, especially people's salary adjustments still cannot keep up with the growth of prices, according to the British Office for National Statistics (ONS) , From October to December, the average salary of British workers increased by 5.9% year-on-year, still lagging behind the growth rate of inflation.

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