UK inflation is higher than in any other European country, official figures from the EU show today.
Our inflation rate is more than double the EU’s as a whole. The UK inflation rate in September was 2.7%, versus the EU’s 1.3%.
That rate means we have greater inflation than any of the other 27 countries in the EU. Estonia comes in second at 2.6%, then the Netherlands at 2.4%.
Escalating prices across categories such as energy and food are pushing up inflation and driving up the cost of living.
The rise in UK food prices is the second-highest in the EU, at 4.3% year-on-year.
Energy prices have grown by 3.4% in the UK.
Despite the rise in prices in the UK, wages in September this year were only 0.7% higher than in 2012.
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