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Wales Online
Wales Online
National
Neil Shaw

Inflation leaps again thanks to rising food and drink prices

The rate of Consumer Prices Index inflation rose to 10.4% in February from 10.1% in January, the Office for National Statistics said.

After revealing that Consumer Prices Index inflation hit 10.4% in February, ONS chief economist Grant Fitzner said: “Inflation ticked up in February, mainly driven by rising alcohol prices in pubs and restaurants following discounting in January.

“Food and non-alcoholic drink prices rose to their highest rate in over 45 years with particular increases for some salad and vegetable items as high energy costs and bad weather across parts of Europe led to shortages and rationing.

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