Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Eleanor Noyce and Matt Mathers

Inflation jumps unexpectedly as food prices soar

PA Wire

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.