Inflation rise to 3.4% will add to pressure on business and could lead to price rises says Chamber
East Midlands Chamber has renewed calls for greater support for the region’s businesses as it warns firms could look to increase their prices after inflation rose more than was expected by economists to 3.4%. The latest annual inflation data from the Office for National Statistics is the first rise in inflation in five months, up from 3.2% in November. East Midlands Chamber Director of Policy and Insight Richard Blackmore said: “While inflation is generally expected to ease later this year, […]