BBCNEWS Breakfast October 20, 2021 05:13:00
To work out what's going up. last month we learned that in august the main inflation index reached 3.2%. that is the biggest month on month leap since records began. but food and fuel prices have of course been going up so some experts say that could go even higher. the bank of england thinks inflation could reach 4% by the end of this year — that is way higher than their target of 2%, a number that would mean the economy was growing at a healthy rate under control. they've warned that if things don't slow down they may have to increase interest rates. why? well, usually that deters spending...
Source: archive.org