Data: Inflation hits highest point in a year driven by rising food prices

Inflation hit its highest point in almost a year in January, according to the British Retail Consortium (BRC), with prices pushed up by food inflation.
Headline inflation rose to 3% for the month, from 2.5% in December, while inflation for alcohol and tobacco was also boosted to 4.9%.
Inflation for clothing and footwear nudged up 0.7 percentage points to 1.8%, and furniture and household equipment prices were up from -0.3% to 0.5%.
BRC director of insight Kris Hamer said: “Headline inflati