HomeBussinessUK inflation rate – will prices keep rising?

UK inflation rate – will prices keep rising?

Date:

Related stories

Guinness raids its Irish reserves to ease UK shortages amid gen Z demand

Guinness is raiding its reserves in Ireland to boost...

UK banks’ trust account exodus cuts lifeline for disabled people, says charity

People with disabilities are facing potential hardship because banks...

Tottenham vs Liverpool live updates: Premier League predictions, team news and latest score

Capacity: 62,850First used: 2019London’s biggest club stadium was built...

The four English counties named among the best places in the world to visit

Colchester Castle (Image: Getty)An area which boasts a unique...
spot_imgspot_img

The Office for National Statistics, which calculates the inflation rate, highlighted the rising cost of petrol and diesel as one of the key reasons behind the latest inflation rise.

Tobacco products went up after the chancellor raised taxes on them in the Budget. Clothing, footwear and electronic games also cost more.

But in general the price of services, such as theatre and concert tickets, education and health, rose faster than goods.

The cost of housing, including rent, which is calculated under a different headline figure, also rose sharply in the year to November – up by 7.8%.

But air travel saw its biggest November price fall since the start of the century.

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img