Six things Brits are now paying more for and why as inflation rate highest in a decade
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manchestereveningnews.co.ukUK inflation has jumped to a near-decade high, according to the latest figures. With soaring energy and fuel prices pushing up the cost of living and global supply chain issues placing a strain on the economy, the inflation rate rose sharply from 3.1 per cent in September to 4.2 per cent last month – the highest level since December 2011.
While Brits are already feeling the pinch, inflation is set to rise even further into next year before falling back towards the UK's 2 per cent target. READ MORE: Inflation rate soars to highest in nearly a decade at 4.2 per cent Experts at the Office for National Statistics (ONS) suggested that the 'bigger than expected' jump can be put down to factors such as higher household energy bills, the rising
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