Inflation surprisingly rises after cost of tobacco increases

Prices have increased over the past 12 months by 4% on average, putting pressure on already stretched household budgets. Inflation rose slightly in December, with increases in the price of alcohol and tobacco the biggest contributor. It's the first time inflation has risen since February. The price of food was 8% higher than this time last year on average, down from 9.2% in November. Alcohol and tobacco prices are up 12.9% since December 2023, compared with 10.2% in November. Read more: https://news.sky.com/story/surprise-increase-in-inflation-to-4-latest-figures-show-13049607 #inflation #economy #uknews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales