Tuition fees increase push inflation up to 2.7%

The near-trebling in tuition fees was the primary reason UK inflation leapt to 2.7% - up from 2.2% in October which is the largest increase in more than a year.

Tuition fees inflation
Tuition fees increase has helped push inflation up. Credit: Chris Ison/PA Wire

Education costs jumped by 19.1% last month - the largest since records began - the Office for National Statistics said.

Students starting at university this year will have to pay up to £9.000 a year - increased from a cap of £3,375 a year ago.

The rise in inflation was far more than economists had pencilled in and marks the first time inflation has risen since July.

Advertisement

Tuition fees push inflation up

UK inflation leapt to 2.7% last month after university students were hit with a near-trebling in tuition fees and households faced rising food costs, official figures revealed.