The Consumer Prices Index (CPI) 12-month rate rose to 0.7% in October from 0.5% in September, continuing a recent rising trend.

The end of the Eat Out to Help Out scheme - which ran in August - caused a spike in inflation in September as eating out costs rose.

The Consumer Prices Index (CPI) measure of inflation fell sharply from 1% in July to 0.2% in August as the Eat Out to Help Out restaurant scheme kicked in and helped lower eating out prices.

Eagle-eyed Budget and Treasury watchers are well aware that what appear to be small or insignificant changes made by Chancellors or ministers can often have huge ramifications in subsequent years.