Wednesday, 23 March 2011

Inflation hits 4.4%

The UK Consumer Prices Index (CPI) annual rate of inflation has risen to 4.4%, up from 4% in January. This was driven by higher food, fuel and clothing costs and was the highest level for more than two years. Retail Prices Index (RPI) inflation - which includes mortgage interest payments - rose to 5.5% from 5.1% in January, the highest rate for 20 years.

http://www.bbc.co.uk/news/business-12815228