The rising cost of living has not eased as expected last month according to new official figures.
Inflation has remained at the same rate of 8.7% despite hopes it would fall and provide some relief for households. The reading from the Office for National Statistics (ONS) could be stark reading for shoppers, homeowners and borrowers.
Inflation is the term used for the rate at which prices increase over time. For example, if the price of something rises from £10 to £11 over a year, then that would represent annual inflation of 10%.
