Inflation hits 3% – is a base rate rise imminent?

Inflation hits 3% - is a base rate rise imminent? | moneyfacts.co.uk

Inflation ramped up yet again last month. with the measure of CPI rising to 3% in September. its highest level since 2012. This not only means that savers’ cash is still being substantially eroded. but that a base rate rise may not be far off.

Inflation ramped up yet again last month. new figures from the ONS show. with the measure of CPI rising to 3% in September. This marks an increase from the rate of 2.9% recorded in August and means inflation has hit its highest level since 2012. which not only means that savers cash is still being substantially eroded.

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