Petrol and food prices expected to continue rising in 2017

With prices at pumps starting the year at their highest since 2014, cost of food and other essentials is also predicted to go upHouseholds are being told to brace for more price rises on fuel, food and other essentials in 2017 after the new year started with petrol at a two-year high.The AA says motorists in the UK are paying 15p a litre, or an average of £8.25 a tank, more than a year ago, and economists say a higher oil price and weak pound will probably push prices up further this year.