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Unexpectedly high inflation in the UK

» Published: November 20 2024

Unexpectedly high inflation in the UK

Photo: Alberto Pezzali/AP/TT

Inflation is picking up speed in the UK again. In October, inflation rose to 2.3 per cent compared to 1.7 per cent in September. Above all, it is rising energy costs that are behind the increase, which was larger than the market had expected and which may now affect future interest rate decisions from the Bank of England.

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Great Britain Bank of England

By TT. This article has been altered and translated by Sweden Herald

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