UK inflation rate rises to 2.3% in October – what it means for your money …C0NTINUE READING HERE >>>
THE UK’s rate of inflation has risen above the Bank of England’s target.
The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measured 2.3% in the 12 months to October.
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The Consumer Price Index was released todayCredit: Getty
Today’s reading is slightly higher than expected with the experts predicting the figure to rise to 2.2%.
It comes after inflation measured 1.7% in September, marking the first time it had fallen below the Bank of England’s target in three years.
The…
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