What high inflation means in the UK - BBC News
- Published on Jan 18, 2022
- Inflation in the UK is at its highest rate for 30 years, having risen to 5.4% in the 12 months to December.
The jump in the cost of living is being driven largely by rising fuel and energy costs.
Right now, prices are rising so quickly that the money people earn does not go as far, putting further pressure on households
The BBC's consumer affairs correspondent, Colletta Smith, breaks it down.
Please subscribe HERE bit.ly/1rbfUog