
Inflation jumped unexpectedly to 10.4 per cent in February as food prices rise at their highest rate for 45 years, putting pressure on the Bank of England to further raise interest rates this week.
The rate of Consumer Prices Index inflation was up from 10.1 per cent in January, the Office for National Statistics said, despite the Bank saying last month it believed inflation had peaked from its high of 11.1 per cent late last year.