As food and fuel costs rise, there is no doubt the poorest are hardest hit

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As food and fuel costs rise, there is no doubt the poorest are hardest hit
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Inflation watchers may disagree on the details, but consensus is that higher prices will persist

Photograph: Daniel Harvey Gonzalez/In Pictures/Getty ImagesPhotograph: Daniel Harvey Gonzalez/In Pictures/Getty Imagesnflation is going to be with us for a few years yet. That’s the growing consensus in the City and among economists who believe the impact of rising fuel prices, the crippling cost of imported goods, and labour shortages in many industries will have a longer legacy than first thought.

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Cheapest food prices have not risen faster than average, UK data show\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
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