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Price of food up again as Brexit effects start to bite

January 22, 2017 9:20 PM
Originally published by Newcastle upon Tyne Liberal Democrats
Consumer Prices Index (CPI) inflation rose to 1.6% last month, up from 1.2% in November, the Office for National Statistics (ONS) announces. Rising air fares and food prices helped to push up UK inflation to its highest rate since July 2014 in December.
#priceofbrexit Exports cheaper but imports more expensive as pound has crashed in value against most of world's currencies.