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Edinburgh Live
Edinburgh Live
World
Levi Winchester & Katie Williams

UK inflation spikes to 5.5 percent as cost of living crisis continues amid energy price hike

The UK rate of inflation has grown higher to 5.5 percent in the last 12 months to January, economists have said.

This comes as experts have warned that the nation is facing a cost of living crisis as energy prices are rocketing and as inflation rises, so does food and fuel prices.

As the Mirror reports, the increase means that the rate of Consumer Prices Index (CPI) continues to remain at a near 30-year high.

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