Inflation: Rate of inflation rises to 14 month high

UntitledThe rate of inflation rose in June to a 14 month high, leaving savers stranded with no options to providing a ‘real return’. The latest figures from the Office for National Statistics (ONS) show the Consumer Prices Index (CPI) rose from 2.7% in May to 2.9% in June. The Retail Prices Index (RPI) also rose by 0.2% to 3.3% in June. Inflation ...