The inflation rate in the UK has risen to 5.1 per cent. The rate in November, as measured by the Consumer Prices Index, increased from 4.2 per cent in October, the Office for National Statistics has said.
Now at 5.1 per cent, it has reached its highest its in a decade. Experts say increased prices have contributed to the steep rise, particularly a big increase in fuel prices. READ MORE: Housing under ‘high pressure’ as landlords sell up and house prices ‘unaffordable at every level’ Clothing costs have gone up, as well as prices for food, second-hand cards and increased tobacco duty.
Grant Fitzner, chief economist at the Office for National Statistics (ONS), said: “A wide range of price rises contributed to another steep rise in
Read more on manchestereveningnews.co.uk
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