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San francisco. the cost of living in the uk rose by 4.2% in october, its highest rate in almost 10 years. the jump was driven largely by rising fuel and energy costs. on tuesday the imf warned the bank of england to avoid inaction bias over raising interest rates to head off inflationary pressure. and later this morning we ll get the latest consumer price index measure of uk monthly inflation for november. so what can we expect and will it put more pressure on the bank of england to act and raise interest rates on thursday? joining me now is ruth gregory, senior uk economist, capital economics. many thanks for joining many thanks forjoining me this morning. what do you expect inflation to hit this month, where would you put your money? and what would you say are the main pressures pushing it up at the moment? i main pressures pushing it up at the moment? the moment? i suspect we are auoin to the moment? i suspect we are going to see ....