Inflation at its highest rate in over a decade.

Consumer prices rose by 4.6% in the 12 months to November 2021, according to the lead measure of the Consumer Prices Index including owner occupiers’ housing costs (CPIH). This is up from 3.8% in the year to October 2021. Annual inflation rates at this time are influenced by the effects of coronavirus (COVID-19) in 2020.

The Consumer Price Index (CPI) also rose from 4.2% to 5.1% in November 2021.

A wide range of prices contributed to the rise in inflation, with the largest upward contributions coming from motor fuels as well as clothing and footwear, where prices rose this year but fell a year ago.

To discuss the impacts of inflation on your SME and the management of your commercial property portfolio, chat to Bankie WIlliams, Projectsure MD by arranging a call via email at bankiew@projectsure.co.uk

close

Stay informed

You're invited to subscribe to our occassional email newsletters providing you with updates, market insights and timely opinion pieces.

We respect your data and don't spam. We will only use your contact details in accordance with our Data Protection Policy which is available to read by clicking the link.