UK inflation rate rises to 3.3%

Christmas shoppingRecord price rises in three categories pushed the inflation rate up again

The UK Consumer Prices Index (CPI) inflation rate rose to 3.3% in November, up from 3.2% in October, official figures show.

The increase was driven by a record rise in food, clothing and furniture prices, the Office for National Statistics (ONS) said.

CPI inflation remains well above the government target of 2%.

Retail Prices Index (RPI) inflation – which includes mortgage interest payments – rose to 4.7% from 4.5%.

Food and non-alcoholic drink prices were up by 1.6%, compared with a rise of 0.6% a year ago, the ONS said.

Clothing prices also rose by a record amount – of 2% – between October and November, with the biggest price rises found in men’s outerwear.

Furniture, household equipment and maintenance also showed a record price rise of 1.6%.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

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