“Rising inflation shows how urgent it is to address the sense of unfairness around the pay cap,” he said. Show Hide Inflation is when prices rise. Stephen Clarke, policy analyst at the thinktank, said: “The return of rising inflation after a two month pause will put further pressure on already stretched household budgets. But the rising cost of imports has meant that they are now a leading driver of the rise in prices. “As a result, lower income households are now feeling the biggest living standards squeeze from rising inflation.

Source: The Guardian September 12, 2017 09:36 UTC