Bank of England expects inflation fall
The governor of the Bank of England says he expects inflation to fall rapidly from its level of 5.2%.
The rate of Consumer Prices Index (CPI) inflation in the UK matched its record high in September, rising from 4.5% the month before.
The 5.2% rate is the highest CPI measure since September 2008, and it has never been higher since the CPI measure was introduced in 1997.
Stephanie Flanders reports.
18 Oct 2011
- From the section Business