NewsBot
16-Nov-23, 09:53
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Sharp Inflation Fall Sends CPI To Its Lowest Level Since 2021 - But Scale Of Two-year Inflation Shock Has Left A Legacy Of Far Higher Prices
CPI inflation fell by more than expected to 4.6 per cent in October - its lowest level since October 2021, and the largest annual fall in more than 40 years. But with overall prices rising by 16 per cent over this two-year period, and energy costs rising by 49 per cent, families are still feeling the effects of this huge inflation shock, the Resolution Foundation said today (Wednesday). [Read Full Article (https://caithness-business.co.uk/article/21930)]
Sharp Inflation Fall Sends CPI To Its Lowest Level Since 2021 - But Scale Of Two-year Inflation Shock Has Left A Legacy Of Far Higher Prices
CPI inflation fell by more than expected to 4.6 per cent in October - its lowest level since October 2021, and the largest annual fall in more than 40 years. But with overall prices rising by 16 per cent over this two-year period, and energy costs rising by 49 per cent, families are still feeling the effects of this huge inflation shock, the Resolution Foundation said today (Wednesday). [Read Full Article (https://caithness-business.co.uk/article/21930)]