play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
chevron_left
volume_up
chevron_left
  • cover play_arrow

    Rother Radio (128k) Love Local, Love Music!

  • cover play_arrow

    Rother Radio (64K) Love Local, Love Music!

  • cover play_arrow

    Hit Music Radio (128K) More Music Variety!

  • cover play_arrow

    Hit Music Radio (64K) The Best Variety of Hits!

Business News

Inflation sees sharpest increase on record – ONS

today15/09/2021

Background
share close

Inflation rose to 3.2% last month from 2% in July – its largest ever recorded increase – the Office for National Statistics (ONS) said.

The consumer prices index (CPI) measure of inflation for August was the highest since March 2012 – though the ONS said much of the effect was likely to be temporary.

That was because a rise in restaurant and cafe prices last month compares to a period last year when they fell due to discounts offered under the government’s “Eat out to Help out” scheme.

Transport costs also made a big impact with petrol prices – at an average 134.6p per litre – the highest since September 2013.

The increase of 1.2 percentage points between the July CPI rate and the August CPI was the biggest on records going back to 1997, the ONS said.

 Sky News

© Sky News 2021

Written by: Rother Radio News


Previous post

World News

North Korea fires two ballistic missiles – days after testing ‘weapon of great significance’

Analysis by Tom Cheshire, Asia correspondent Not long ago, you couldn't go a week without a North Korean missile launch. But the country has been quieter for a while, perhaps while it dealt with COVID or challenging economic conditions. Normal service has been very much resumed, though. And, just like buses, after a long wait two launches have come at once. Over the weekend, the regime announced it had successfully […]

today15/09/2021