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    Inflation increases to decade high of 5.1%

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    By News Desk on December 15, 2021 Business, News Briefing
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    Inflation increases to decade high of 5.1%

    The Independent says Inflation has risen to 5.1 percent increasing fears about the rising costs of living.

    The rate of Consumer Price Index inflation increased to 5.1 percent in November from 4.2 percent in October, the Office for National Statistics has said.

    The surge is higher than economists had forecast and more than double the UK’s 2 percent inflation target.

    Higher fuel prices and rising costs of clothing and footwear have been the biggest contributors to the inflation rate.

    https://www.independent.co.uk/news/business/inflation-rises-cpi-rate-b1976368.html


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