UK inflation jumps to 11.1%, highest level in 41 years

UK inflation jumps to 11.1%, highest level in 41 years

London CNN Business — Soaring energy costs pushed UK inflation to a new high in October, the latest bad news for an economy sliding into recession. The annual inflation rate rose to 11.1% in October, from 10.1% in the 12 months to September, the Office for National Statistics said on Wednesday. The sharp rise in …

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