Factory gate inflation, including in the food industry, is running at above 10%
(Picture: Alamy Stock Photo)Pressure is growing on the Bank of England to deliver “distasteful medicine” in the battle against inflation as it hits a 30-year high amid warnings of much worse to come.
Headline inflation is at 6.2% in February, a sharp jump from 5.5% in January and far higher than economists had expected.
