The rate of inflation in November rose to 3.1 per cent up from 3.0% in October 2017 and at its highest point since March 2012.

Rising prices for a range of recreational and cultural goods and services, most notably computer games, were. said the Office for National Statistics, behind the rise along with air fares which fell between October and November but by less than a year ago.

Falling prices in the miscellaneous goods and services category (covering products such as travel goods and financial services) provided the largest offsetting downward contribution said the ONS.

The rise means that Bank of England governor Mark Carney will now have to write a letter to Chancellor Philip Hammond to explain why inflation has strayed more than 1 per cent away from its 2 per cent target rate


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