UK inflation leaps to 10-year high

  1. UK inflation leaps to 10-year high

    Consumer prices rose by 4.2% in annual terms in October, leaping from a 3.1% increase in September. Both the BoE and a Reuters poll of economists - none of whom had predicted such a big increase - had pointed to a reading of 3.9%.

    Region:
    Europe
    Category:
    Economy
    UK inflation leaps to 10-year high, bolstering rate hike bets