Tuesday 4 May 2010

British families suffer as inflation rises to twice the rate of other Western countries

Families in Britain are facing a bigger squeeze on living standards than those in most of the Western world.

Inflation in this country is running at twice the rate of similar states with families struggling to cope with food, motoring and energy bills.

Britain's Consumer Price Index (CPI) figure of 3.4 per cent compares to just 1.1 per cent in Germany, 1.4 per cent in both Italy and Spain, and 1.6 per cent in France. more...

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