BBCNEWS Outside Source June 4, 2024 19:09:00
The drop was partly due to annual fuel prices dropping back sharply in december, along with the price of clothes and footwear. that is down from i7% last month. but that was offset by rocketing prices in hospitality, as restaurants and hotels were forced to pass on their own surging costs. inflation in the sector — at 11.3% — is the highest for three decades. households and businesses are also still facing eye—watering food price inflation, which hit another as—year high at 16.8% in december. inflation last month was still five times the bank of england's 2% target. while most economis...