Inflation rises again: hiccup on the road to economic stability

Latest figures play into Ed Miliband's hands – though he appears out-of-touch with his own family finances

Ed Miliband
(Image credit: 2014 Getty Images)

The latest inflation figures, released this morning, show the year-on-year rate rose from 1.6 per cent in March to 1.8 per cent for April. It's a hiccup David Cameron could have done without two days ahead of the local and European elections.

Wage figures for April, due out tomorrow, are expected to show slower growth – 1.7 per cent or less – which would add strength to Labour leader Ed Miliband’s claim that Cameron and George Osborne, the Chancellor, are out of touch with ordinary people and the cost-of-living crisis affecting them.

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is the pseudonym for a London-based political consultant who writes exclusively for The Week.co.uk.