CORPORATE profiteering is driving inflation back up, Unite warned today after official data revealed an increase for a second month. 

Figures from the Office for National Statistics (ONS) show that Consumer Prices Index (CPI) inflation rose for a second month to 2.6 per cent in November, from 2.3 per cent — above the Bank of England’s 2 per cent target.

The Retail Prices Index rate of inflation rose to 3.6 per cent last month from 3.4 per cent in October.