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In Great Britain, the institution in charge of controlling inflation raised the key rate by a quarter of a point in an attempt to control the historic rise in prices.
The British are already struggling to cope with the sharp rise in the cost of living since the beginning of the year, and the Bank of England has just confirmed to them that the worst is yet to come.
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The Bank of England creates a surprise by raising its rate
Rising energy, fuel and food prices have already pushed up consumer prices by 7% last month.
But Andrew Bailey, the Governor of the Bank of England, announced Thursday that inflation would reach 10% next October, a record level not reached since 1982.
Stemming galloping inflation
The forecasts of the governor of the British central bank are not surprising.
The energy price cap, which has just jumped 54%, is due to be raised again in October to reflect a further increase in energy costs since the start of the war in Ukraine
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