Some household bills and NHS charges will get more expensive for Brits from next month. The cost of living crisis is far from over as struggling households faced an unexpected rise in inflation in February, which went against economic forecasts.
Data from the Office for National Statistics (ONS) showed a rise in the Consumer Prices Index (CPI) in February, up to 10.4% from 10.1% in January.
Most economists were expecting CPI to fall to 9.9% in February. It followed three straight months of declining inflation, which had seen hopes mount that the era of double-digit inflation was coming to an end.
Meanwhile earlier this month the Bank of England raised the interest rate in a bid to help tackle climbing inflation. READ MORE: Paul O'Grady 'died in his own bed', says friend who spoke to him hours before tragedy The base rate was raised from 4 percent to 4.25 percent in its 11th consecutive increase.
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