The ONS said gas prices had risen by nearly 130% over the year, while electricity costs had soared by 66%.
Official figures from the Office for National Statistics reveal that inflation jumped to a higher-than-expected 11.1% in October
Official figures from the Office for National Statistics reveal that inflation jumped to a higher-than-expected 11.1% in October, the highest rate since October 1981.items, which also pushed up the cost of living to eye watering levels. “The aftershock of Covid and Putin’s invasion of Ukraine is driving up inflation in the UK and around the“This insidious tax is eating into pay cheques, household budgets and savings, while thwarting any chance of long-term economic growth.
Other new figures from the ONS confirmed fears that the cost-of-living crisis is being felt more acutely by low income households.
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