I am no soothsayer - and have no more idea on the likely direction of price growth than the next man. Yet, given the latest Office for National Statistics figures, published at the beginning of the week, I am more than willing to hazard a guess we haven't seen the peak of inflation as yet.
The ONS calculated annual CPI inflation had increased from 3.7% in December to 4.0% in January and RPI inflation had surged from 4.8% to 5.1%. CPI inflation has now been at least one percentage ...
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