Other items that saw an acceleration of inflation in December were women’s clothes; fridges and freezers; mineral water; and ...
A slowdown last month in the rising cost of energy, air travel and hotels helped offset a jump in inflation for petrol, kitchen appliances and a range of groceries, meaning the UK’s overall rate eased ...
Explore nominalism in finance, where debt remains fixed regardless of inflation or currency changes, and learn its effects on creditors and debtors.
Price rises slowed last month across a range of everyday groceries, including cheese, pasta and breakfast cereals, which helped the UK’s overall rate of inflation drop to its lowest level since May.