At the end of October, annual inflation in the UK accelerated to a record 11.1% for 41 years. A month earlier it was 10.1%. This is evidenced by the data of the Bureau of National Statistics of the country (Office for National Statistics, ONS).
Interfax writes about it.
As the publication notes, the value of 11.1% was the highest in the last 41 years, after the figure in October 1981 was 11.2%.
By 2% after rising by 0.5% in September, consumer prices in Britain rose in October.
The Daily FX portal conducted a survey that showed that analysts expected annual inflation at 10.7%, monthly – at 1.7%.
At the same time, the CPIH index (inflation, taking into account the costs of homeowners for housing maintenance) amounted to 9.6% after 8.8% a month earlier. In October, prices for this index rose by 1.6% after 0.9% in September.
“In general, rising food prices have made a significant contribution to accelerating inflation, while transport prices (mainly motor fuel and prices for used cars) have made a restraining effect on the overall figure,” Interfax concludes.
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