Link to the article: Channel 4 News
A record surge in food and clothing costs has driven up inflation for November, as Gary Gibbon writes that parts of the government are still looking at the potential for a "double-dip" recession.
The Consumer Prices Index (CPI) went up to 3.3 per cent last month, from 3.2 per cent in October, according to the Office for National Statistics (ONS).
The increase was driven by a 1.6 per cent rise in the cost of food and non-alcoholic drinks and a 2 per cent increase in clothing and footwear costs, which are the highest increases for both sectors in an October to November period since records began. The price of furniture and household equipment also rose.
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