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RSS FeedsClothing and transport costs pushed up inflation in December
(World News UK)


20 january 2021 10:11:24

Clothing and transport costs pushed up inflation in December
(World News UK)

UK inflation picked up pace in December after hard-hit clothing retailers held off from further steep discounts and as transport costs edged up, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation rose to a slightly higher-than-expected 0.6% in December from 0.3% in November. It said clothing prices rose marginally – up 0.1% – between November and December, in contrast to the usual falls seen due to Boxing Day sales, though prices...

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