- The impact of energy bill increases from supplier SSE will be offset by the effect of steeper utility bill rises in November last year
- But with further hikes from other providers coming into force, CPI inflation is predicted to peak at 3.5% by mid-2013
- Resurgent inflation will come as a blow to pensioners and savers, who have seen their income hit hard by rock bottom interest rates
More top news
David Cameron will say the Tories are the party of the "grafters, roofers, retailers and plumbers" as he set out plans to help small firms
Lib Dem leader Nick Clegg will say his party are fighting '60 Eastleighs' on the campaign trail in the Hampshire constituency today.
The late Coronation Street actress Anne Kirkbride has been nominated for a British Soap Award.