Inflation may be at zero – but many household costs remain on the rise

Council tax, water charges and mobile phone bills all among living costs to have undergone price hikes this week despite inflation dropping to 50-year low

For the first time since 1960, the UK is currently experiencing zero inflation. But that does not mean all price rises are on hold. In fact there have been a number of price hikes this week - many taking effect on Wednesday - with households seeing increases to costs as wide-ranging as stamps, air travel and spectacles.