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The Audio PostsOctober 6, 2022 12:34 pm

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UK inflation rate hits a new 40-year high of 9.1%

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An entrance to Waterloo underground station stands shuttered closed for strike action in Waterloo railway station, in London, Tuesday, June 21, 2022.

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The increase is in line with analysts’ expectations and comes as the Bank of England says inflation could hit 11% in October, when a cap on domestic energy bills is lifted.

(Image credit: Matt Dunham/AP)

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