Britain’s inflation rate reached its highest level in 10 years

According to the Fars International Economic Group, quoted by Reuters, with a sharp jump in energy bills of British households, the inflation rate in this country last month reached the highest figure in the last 10 years.

According to these statistics, the Bank of England is expected to raise interest rates next month.

Consumer prices rose 4.2 percent in October, up from 3.1 percent in September. The Bank of England did not expect such an increase and predicted a jump of 3.9%.

Yail سلفین“Today’s inflation figures will strengthen the Bank of England’s determination to take action,” the chief economist said.

Following the release of the figures, the pound hit a one-week high against the dollar and a 21-month high against the euro.

ریشی سوناک“Rising inflation is not the only problem for Britain, and the government is taking steps to compensate for the damage to consumer power,” he said.

The Bureau of National Statistics said household energy bills were the biggest cause of inflation since the bills were lifted last month, with consumer gas prices rising 28.1 percent in the year to October.

Energy suppliers English They are struggling with a sharp rise in the price of major gas, which has led to the collapse of a number of energy companies, and so far more than 2 million customers have been forced to change their suppliers often with higher tariffs.

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