© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

UK inflation rises to 30-year high of 5.5% amid cost of living crisis

Soaring energy bills and higher clothing and secondhand car prices push figure higher in January

  • Business live updates: UK inflation hits 30-year high of 5.5%

Inflation in the UK increased to the highest rate for three decades in January as the impact of rising energy bills fed into a wide range of goods and services, adding to the squeeze on household living standards.

The Office for National Statistics said the consumer price index measure of inflation increased to 5.5% in January from 5.4% a month earlier, driven by prices for clothing, footwear and furniture.

Continue reading…

Related posts

Hamas and Israel at war: what we know on day 14

AEA3

Sunak backs down on housebuilding targets after pressure from Tory MPs

AEA3

A-level results: top universities expected to stick to rigid entry grades

AEA3

Pin It on Pinterest

Share This