Costs for UK families with two children rises by £400 a month

Households experience faster inflation than official statistics indicate, analysis suggests

The cost of basic goods and services needed by the average two-child household in the UK has risen by 400 a month, according to an analysis that suggests families are experiencing faster inflation than official figures indicate.

Costs for families with two children have risen by an annual rate of 13%, according to the research from Loughborough University, faster than the 9% rate of inflation found in official statistics - itself a 40-year high.