Inflation could hit 15% early next year, fuelled by rapidly-rising energy prices

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Inflation could hit 15% early next year, fuelled by rapidly-rising energy prices
Belgique Dernières Nouvelles,Belgique Actualités
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At the last Bank of England Monetary Policy Report in May, it was forecast that inflation would peak in the last three months of this year at around 10%. But the Resolution Foundation says the peak could be later and higher.

Inflation could hit 15% early next year due to rapidly-rising energy prices, according to the Resolution Foundation.

This should reduce global inflationary pressure but, for the UK, the massive increase in gas prices is"wiping out" any good news.

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