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 further, reflecting the need to pay staff more. they need to have a decent living wage, which is what we as a business have started to do. and of course that is going to have a knock—on effect on how profitable our business is. and whereas we are happy to take a slice of the pie, our slice,