Article 67YJC UK inflation: how everyday items and services shot up in price

UK inflation: how everyday items and services shot up in price

by
Richard Partington
from on (#67YJC)

Price rises of many goods outstripped December's 10.5% inflation rate with bread up 20.5%, electricity 65.4% and hotels 18.1%

The UK's inflation rate fell for a second month in December, dropping to 10.5%. But households remain under pressure as prices continue to rise for a wide range of goods and services.

Despite the fall in the headline rate, food and non-alcoholic drinks jumped by a collective 16.8%, the fastest annual rate of increase since 1977. Price rises for restaurant meals and overnight stays in hotels also accelerated.

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