The war in Ukraine is to fuel spiralling costs for everything UK households buy - including food, fuel and energy.
Inflation - the rate at which everything gets more expensive - is forecast to reach 8.7%, significantly higher the Bank of England's projection of 7.25% in February.
As well as direct price increases in food, oil and gas charges - rocketing because of the conflict - will drive prices up as food transport and production costs escalate, reports The Mirror.