Data shows UK inflation jumps to 6.2%, its highest since 1992

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British inflation accelerated in February to hold at a near three-decade peak on soaring energy prices, official data showed.

LONDON - British inflation accelerated in February to hold at a near three-decade peak on soaring energy prices, official data showed on Wednesday before a budget update seeking to ease high living costs.

Sunak faces widespread calls, even from fellow Conservative MPs, to help ease Britain's cost of living crisis. "Clothing and footwear saw a return to traditional February price rises after last year's falls when many shops were closed. "The price of goods leaving UK factories has also been rising substantially and is now at its highest rate for 14 years."

 

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