Inflation surges to 2.1 percent – what this really means for YOUR money | Personal Finance | Finance


Food prices

Inflation indicates, via the CPI, that supermarket prices have increased on average.

A rate of 2.1 percent means items previously priced at £1.00 will have risen to a fraction over £1.02.

While this seems insignificant alone, people may find their daily or weekly shops cost several pounds more than they might have last year.

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