UK households face squeeze after surprise inflation jump to 2.7%
Dearer autumn clothing ranges boost CPI to six-month high despite a forecast fallUK inflation unexpectedly rose to the highest level in six months in August, pushed up by the rising cost of theatre tickets and high street shops launching their new-season autumn clothing ranges.The Office for National Statistics said the consumer price index (CPI) jumped to 2.7% last month from 2.5% in July, confounding economists’ forecasts for the rate to fall to 2.4%.Inflation is when prices rise. Deflat
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