Inflation falls by less than expected as food prices increase to a 45-year high

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The rate of inflation has eased slightly but still remains above 10%, making the chance of a further Bank of England interest rate rise more likely. Economists had largely expected a figure of 9.8%.

Sky's Gurpreet Narwan visits a school in Plymouth to find out how school lunches are affected by this price rise.

Read more on:
https://news.sky.com/story/food-prices-will-remain-stubbornly-high-for-a-while-but-there-is-good-news-on-inflation-ahead-12860724

#costofliving #inflation #foodcosts

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Category
News
Tags
cost of living, cost of living crisis, inflation

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