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UK Inflation Data Expected to Show Biggest Jump in Cost of Living in Decades

A customer pays for fresh produce at a grocery stall on Surrey Street Market in Croydon, UK.

A customer pays for fresh produce at a grocery stall on Surrey Street Market in Croydon, UK.

Photographer: Hollie Adams/Bloomberg

Experts are predicting the biggest jump in the cost of living in more than four decades, with figures released on Wednesday expected to show inflation soaring across the board.

Consumer Prices Index (CPI) inflation will likely reach