21st November 2024
Inflation set to get worse still, killing hopes of interest rate cuts
Prominent forecasters say the surprise rise in inflation announced yesterday may be just the start of worse things to come. Inflation rose sharply to 2.3% in October after a hike in energy prices. Economists had forecast a rise to 2.2% after a three-year low of 1.7% in September. The rise effectively rules...
