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The Independent UK
The Independent UK
National
August Graham

Biggest jump in cost of living in decades expected with latest inflation figures

Inflation Office for National Statistics Samuel Tombs Ofgem Panon Macroeconomics United Kingdom
PA Archive

Experts are predicting the biggest jump in the cost of living in more than four decades, with figures released on Wednesday expected to show inflation soaring across the board.

Consumer Prices Index (CPI) inflation will likely reach 9.8%, according to an average of analysts’ estimates calculated by Pantheon Macroeconomics, as diesel and petrol prices rose across the country.

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