UK sees highest inflation in over a decade

Exceeds forecasts

clock • 2 min read
UK sees highest inflation in over a decade.
Image:

UK sees highest inflation in over a decade.

UK inflation hit 5.1% in November, exceeding expectations of 4.8% and reaching its highest point since September 2011.

On a monthly basis, inflation increased by 0.7% in November, compared with a fall of 0.1% in November 2020. Richard Carter, head of fixed interest research at Quilter Cheviot wrote that "unfortunately...

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