Rampant price rises in the UK have sent inflation rates to a new 30-year high, further adding to the pressure on British households. The Consumer Price Index (CPI) rose to 6.2 percent in February 2022 from 5.5 percent in January 2022, according to the latest figures released by the Office for National Statistics (ONS) on March 23. This is the highest inflation rate since March 1992, when it stood at 7.1 percent. A wide range of prices contributed to the CPI rise, with the most significant rises seen in recreation and culture sectors as well as clothing and footwear. ONS Chief Economist Grant Fitzner said: “Inflation rose steeply in February as prices increased for a wide range of goods and services, for products as diverse as food to toys and games. “Clothing and footwear saw a return to traditional February price rises after last year’s falls when many shops were …