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people the most Kwon Alexander Jersey , as vegetable and bread rises have gone up by eight and five per cent respectively. Meanwhile, oils, dairy products and fats all rose by over 11 per cent.
Meanwhile, fuel price inflation stands at more than 12 per cent, a rate which could affect motorists' ability to meet other demands on their spending, such as tax, MOT or repayments on the personal loan they may have taken out to fund the purchase of their vehicle in the first place. The news comes despite falls in levels of electricity and gas inflation.
Commenting on the figures Kevin Pamphile Jersey , Shona Dobbie, head of the Alliance Trust Research Centre, said: "Inflation pressures are starting to rise again. The oil price has recently moved to a new record level and this is already pushing petrol and transport costs higher. Food price inflation has been a concern in recent months and we suspect that there could be more to come. This is likely to have the biggest impact on the inflation rate facing the over-75s since this age group spends a much higher proportion of their household budgets on basic items such as food."
She added that throughout the course of Alliance Trust's research older people "have consistently suffered the highest levels of inflation". And with such difficulties set "to continue for some time", these people may well discover that they are evermore struggling to make payments on utility bills, personal loans and other demands on their spending. However, now young consumers are facing an equal amount of high pressure, as they deal with inflationary levels which are "significantly higher than the headline rate".
The rise in financial difficulties for these Britons was mainly attributed to rising costs of rent and basic goods. In addition Keith Tandy Jersey , higher
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