May inflation rises sharply

Thursday, 1 June 2017 19:41

CPI at highest level in five years

There was a sharp rise in inflation last month, according to the latest government figures.

The consumer prices index (CPI) now stands at 3.9% - up from 2.1% in April.

It's now at its highest level since February 2012 with increases across all 12 categories of the basket of goods.

Data from the Cabinet Office shows it's been a bad year if you eat pork - which has risen in price by 17.6% over the last 12 months.

However, it's not been so bad if you eat eggs, which have fallen in price by 4%.

Elsewhere, there was a 0.9% change in the retail prices index in May - up to 8.4%.

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