Jon Daly has noticed it in the family’s fruit bowl, which isn’t as well-stocked as it used to be. His wife, Jess, has noticed it at the weekends, when the cost of filling the family’s car means thinking twice about long trips out. Inflation has hit the UK, and for households up and down the country rising living costs mean tough choices have to be made about spending.
The most recent figures from the Office for National Statistics (ONS) show that in October the cost of living was 4.2% higher than in the same month of 2020. As some countries emerge from lockdown, consumption has increased across the globe, driving up demand for goods and services – and their prices.
Beneath the headline rate of inflation – the highest in almost a decade – are
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