Increases in clothing, car tax and air fares also blamed as CPI exceeds City forecasts and adds to pressure on living standards and consumer spending

The rising cost of electricity helped push inflation to 2.7% in April, its highest level in three and a half years.

Related: UK inflation jumps to 2.7% as real wage squeeze worsens – business live

Continue reading…

Source: Energy price rises help drive UK inflation up to 2.7%

Share This