UK inflation reached a 10-month high of 3% in January, surpassing analyst expectations and dampening hopes for interest rate cuts by the Bank of England. The rise is attributed to increased airfares, food costs, and private school fees. Economists predict further inflation increases in the coming months, with a potential decline later in the year. Concerns about the economy's growth persist, and experts warn that inflation pressures may hinder rate cuts. Teljes cikk (Euronews.com)