Its tuesday the 12th of september. Welcome to bbc newsroom live. The cost of living has risen again, blamed on the higher cost of imported goods like clothes and shoes. Its now back at the peak of 2. 9 it last hit in may this year. Our Business Correspondent ben thompson is here to explain. Ill let you talk us through the latest figures. Inflation is the cost of living, it shows how quickly things dont work the price of things dont work the price of things is rising. It has hit 2. 9 . Todays figure was expected to come ina todays figure was expected to come in a little lower than that. Why are prices rising so quickly . It is a cost of imported things, issues, household goods. All of those sorts of things. They are more expensive because after we voted to leave the eu, the value of the pound fell which means things we import from overseas are more expensive. It is the first indication we are getting all those things we buy from overseas are adding to the overall cost of things that we
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