<sod >The annual rate of CPI hit 0.6 per cent, up from 0.5 per cent in June and higher than City of London analysts had been expecting.< eod>< sod > The Office for National Statistics saidÃÂÃÂ theÃÂÃÂ annual rate of CPI inflation wasÃÂÃÂ 0.6 per cent, up from 0.5 per cent in June and slightly higher than City of London analysts had been expecting.< eod>