UK Economy - The Surge in Inflation
- AS, A Level, IB
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 18 Nov 2021
In this update video we look at the surge in consumer price inflation in the UK economy.
UK inflation has jumped more than expected and to its highest level in almost a decade. Inflation is now more than double the official inflation target of 2 per cent. This is increasing pressure on the Bank of England to raise monetary policy interest rates.
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