UK inflation increases as cigarettes and petrol drive price rises
The rate of price rises in the UK increased to 2.6 per cent in November, as a hike in tobacco duty and petrol costs drove inflation higher.
The Office for National Statistics (ONS) announced the latest monthly Consumer Prices Index (CPI) reading on Wednesday, up from 2.3 per cent in October.
The inflation level swung back above the Bank of England’s 2 per cent target in October, largely because of household energy bills being pushed up as the price cap rose.
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UK inflation increases as cigarettes and petrol drive price rises