The data of the British National Statistical Office showed, today, Wednesday, the country’s inflation rate increased last October to 11. 1% compared to 10. 1% during the previous month, to record its highest level since October 1981.
The National Statistical Office said – according to the British “Sky News” network – that “this rise comes supported by increasing food and fuel prices.
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The new data comes a day before the Treasury Secretary, Jeremy Hunt, is revealed by the new budget, amid the increasing invitations to increase wages and increase spending on health and education, as massive inflation leads to the erosion of the purchasing power of citizens throughout the country..
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