Inflation set to soar: Mark Carney must explain why cost of living is rising so rapidly | City & Business | Finance

Inflation set to soar: Mark Carney must explain why cost of living is rising so rapidly | City & Business | Finance

The Consumer Price Index (CPI) measure of inflation is predicted to hit 3.1 per cent in October when official figures are released on Tuesday.It would

Car production lines shift UK manufacturing up a gear | City & Business | Finance
INVIEW’s TV tech brings digital delights to the masses worldwide | City & Business | Finance
MPs turn up heat on Saudi Aramco rule change | City & Business | Finance

The Consumer Price Index (CPI) measure of inflation is predicted to hit 3.1 per cent in October when official figures are released on Tuesday.

It would see CPI surge beyond the 3 per cent rate recorded in September to its highest level since March 2012 when it pushed to 3.5 per cent.

Such a move would force Dr Carney to write a letter to Chancellor Philip Hammond explaining why inflation is so high.

The Government has set an inflation...

Start the conversation, or Read more at Daily Express.