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HomeEconomyUK inflation hits 41-year high of 11.1% in October - ONS

UK inflation hits 41-year high of 11.1% in October – ONS

LONDON (Reuters) – Britain’s annual consumer price inflation rate rose to its highest level in 1977 years, above expectations for 11. 1 The National Bureau of Statistics said on Wednesday that the percentage in October was higher than . 1% in September.

Economists polled by Reuters had forecast inflation rising to 11.7%.

Food and non-alcoholic beverage prices rise at record pace 1977, ONS says.

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