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National
Simon Meechan

Inflation at 30 year high as Citizens Advice warns more are running out of money each month

Citizens Advice is urging the Government to offer more support to lower income households as the charity is 'really worried' about the cost of living crisis in the wake of inflation remaining at a near 30 year high.

Inflation measured through the Consumer Prices Index (CPI) reached 5.5% in January, the Office for National Statistics says. It rose from 5.4% in December and is at its highest level since the 7.1% recorded in March 1992.

The ongoing cost of living crisis is leading to "more and more" people running out of money before the end of the month, warns Dame Clare Moriarty, chief executive of Citizens Advice, who is calling for more Government support for those on lower incomes.

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