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manchestereveningnews.co.ukUK inflation has hit its highest level since March, driven by a surge in petrol prices last month, according to the latest official figures.
The Office for National Statistics (ONS) revealed that Consumer Prices Index (CPI) inflation climbed to 2.6 per cent in November, up from 2.3 per cent in October.
The rate of CPI inflation for food and non-alcoholic drinks, alcohol and tobacco, clothing and footwear, recreation and culture all saw slight increases over the year to November, compared with the year to October.
These new figures are significant for anyone spending money this festive season as it means the cost of living crisis will continue to erode household budgets into the new year.
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