Page 8 - Import Costs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

there has been a sharp rise in the cost of living. the soaring costs of transport and eating out in august helped push inflation to its highest level in nearly a decade. it rose from two % injuly to 3.2 % last month. here s our economics editor, faisal islam not since 2012 has the rate of price increases reached this level, and the month to month increase is unprecedented. yet, for the traders at this manchester market, it comes as no surprise at all. it s no wonder it s a hike in inflation, the import costs and the cost of bringing containers through is massive. petrol has jumped, diesel prices. so it s costing hundreds of pounds extra a week to transport the goods, and the public are the people that will suffer. it s the fact that food costs in restaurants and pubs are much higher now than last august when that chancellor s eat out to help out scheme halved some meal prices that pushed today s inflation number above 3%. on top of that, now pub landlords say prices will go up fu

Push inflationFaisal islamEconomics editorCost of living3 2Import costsManchester marketFood costsLiving wageMeal pricesInflation numberPub landlords