UK inflation at two-year high as clothing prices rise
The biggest rise in clothing prices in six years helped to drive the UK’s inflation rate up to 1.2% in November, up from 0.9% in October.
November’s Consumer Prices Index (CPI) inflation rate was the highest since October 2014, when it stood at 1.3%.
The Office for National Statistics (ONS) said increases in the price of petrol were also responsible for the slightly higher than expected rise.
Those increases were partly offset by falls in air fares.
The Bank of England expects inflation to continue to rise during 2017 to 2.7% and remain above the 2% target until 2020.
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