The cost of living soared again in July putting even more pressure on North East families struggling to make ends meet.
Inflation reached 10.1% last month, beating expert predictions what it would reach 9.8% in July and the government’s 2% target.
The increase was largely down to increasing food prices and household staple goods including toilet rolls and toothbrushes, the ONS has said.
Read More: Bishop Auckland NHS nurse relies on Angel's Trust foodbank to feed family
It means that prices of everyday products are on average 10.1% higher than they were a year ago.
Responding to the rise in inflation, Chancellor Nadhim Zahawi said: “I understand that times are tough, and people are worried about increases in prices that countries around the world are facing.
“Although there are no easy solutions, we are helping where we can through a £37 billion support package, with further payments for those on the lowest incomes, pensioners and the disabled, and £400 off energy bills for everyone in the coming months.
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“Getting inflation under control is my top priority, and we are taking action through strong, independent monetary policy, responsible tax and spending decisions, and reforms to boost productivity and growth.”
This week The Northern Echo has reported that North East foodbanks are being “inundated” with families struggling to make ends meet.
People are turning up to foodbank queues in the in tears with barely £20 a week to live off including NHS nurses and teachers, as the cost of living crisis engulfs the region.
There have also been reports that schools may be forced to introduce three-day weeks to deal with spiralling energy prices.
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