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Commenting on the latest inflation figures published by the Office for National Statistics today (Tuesday), which show Consumer Price Index (CPI) inflation rising to 1.6% in December – the highest since July 2014 – TUC General Secretary Frances O’Grady said:

Commenting on the latest inflation figures published by the Office for National Statistics today (Tuesday), which show Consumer Price Index (CPI) inflation rising to 1.6% in December – the highest since July 2014 – TUC General Secretary Frances O’Grady said:

“Working people are still £20 a week worse off than they were before the last financial crisis, and now rising prices are hitting their pay packets again.

“Signs that the UK will leave the single market are reducing confidence in the British economy and the falling pound looks likely to keep pushing up prices on everyday goods this year.

“The Prime Minister’s plan for Brexit today must make sure that wages keep rising, as well as protecting jobs and rights, so that working people don’t pay the price for the decision to leave the EU.”

ENDS

Notes to Editors:
- All TUC press releases can be found at tuc.org.uk/media
- TUC Press Office on Twitter: @tucnews

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