Prices rises slow but UK inflation remains close to 40-year high

Price rises successful the UK slowed for a 3rd period successful a enactment but ostentation remains adjacent a 40-year high, authoritative figures show.

Inflation, a measurement of the complaint of terms rises, fell to 10.1% successful the twelvemonth to January from 10.5% successful December.

The Office for National Statistics (ONS) said the driblet was mostly owed to the terms of substance and outgo of restaurants and hotels slowing.

But it said this was offset by rising prices of intoxicant and tobacco.