Posts tagged Inflation

Cost of Living in Britain Rising Fastest in all of Europe

The cost of living in Britain is rising  faster than anywhere in Europe, new figures reveal.

The big squeeze on family finances is being  exacerbated by wages failing to rise in line with prices.

Increases in energy, food and alcohol prices  are fuelling the high inflation rate in the UK, as political leaders clash over  the effect on household disposable income.

League table: New figures from Eurostat show how inflation in the UK is the highest in the EULeague table: New figures from Eurostat show how  inflation in the UK is the highest in the EU

Official figures from the European Union  today show that inflation in September was higher in the UK than in any of the  28 countries.

One average annual inflation across the EU  was 1.3 per cent last month.

But in the UK the figure was 2.7 per cent,  followed by Estonia (2.6 per cent) and the Netherlands (2.4 per  cent).

Read more: http://www.dailymail.co.uk/news/article-2463143/Revealed-The-cost-living-rising-faster-UK-Europe-soaring-food-energy-bills-blamed.html#ixzz2huHekoxX

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