Inflation has reached its highest rate for two-and-a-half years, largely due to the rising price of oil and the Brexit-fuelled fall in sterling. According to the Office for National Statistics, annual inflation as measured by the Consumer Prices Index reached 1.8% last month, up from a rate of 1.6% in December. It's the fourth consecutive month that the rate has risen and takes inflation to its highest since June 2014. Simon speaks to Pete Comley, inflation expert and author of Inflation Matters.

Guests: Pete Comley

Published: Tue 14 February 2017