Soaring CPI inflation likely to make policymakers hot and bothered
- The Consumer Prices Index (CPI) rose by 5.1% in the 12 months to November 2021.
The ONS has released the latest inflation and price indices
https://www.ons.gov.uk/economy/inflationandpriceindices#timeseries
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
‘’Faced with such a high inflation reading, and with forecasts that the only way is up, the Bank of England would ordinarily be...