Restaurant meals push Britain’s inflation to 10.4%

British inflation unexpectedly rose to 10.4 percent in February boosted by prices of food and drinks in bars and restaurants, according to official data, which could prompt the Bank of England (BoE) to raise interest rates on Thursday. In January, consumer prices had risen by 10.1 percent from January and in October they reached a maximum of 41 years with a record of 11.1 percent. The core price index – which excludes energy, food, alcohol and tobacco and is closely watched by the BoE – added 6.2 percent from 5.8 percent in January. More information at

Author: JJ Beat

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