Consumers look for bargains as inflation rises
The cost of clothing, shoes and energy bills all helped to push the rate of Consumer Prices Index (CPI) inflation up to 4.5% in August, well above the Bank of England's target.
Analysts are predicting that it could rise as high as 5% by the end of 2011 before falling back.
The BBC's personal finance correspondent, Simon Gompertz, explains the impact.
13 Sep 2011
- From the section Business