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BBCNEWS BBC News At One December 12, 2017

Prices have increased at their fastest rate in nearly six years. Inflation rose to 3. 1 per cent in november as the squeeze on households continued. Consumers are facing pressure from rising food prices in the lead up to christmas with Grocery Price rises reaching the highest level since 2013. The governor of the bank of england mark carney will now have to write a letter to the chancellor to explain how the bank intends to bring inflation back to its two per cent target. Our economics correspondent andy verity has this report. At this baker on the outskirts of barnsley, its not just at this baker on the outskirts of barnsley, its notjust the bread rolls that are on the rise, its buns, loads and mince pies end up in pubs and restaurants and as far afield as the middle east and asia. Ingredients like butter and flour have shot up in the past year and a half, so it has had to do everything it can to make sure its costs are covered. O ....

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