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Consumer prices rose 3.4% in July compared to a year earlier, marking a slight cooldown from an annual inflation rate of 3.5% in the prior month, federal government data released on Wednesday morning showed. #news #inflation
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When you check the inflation rate, do you usually look at how much it's changing each year? There is another way of looking at it, which explains why the cost of living crisis hasn't gone away yet. Sky's Ed Conway explains. #SkyNews #inflation #costofliving
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