UK faces highest inflation in developed world – OECD ...News

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Consumer price growth in Britain will outpace any G20 member except Argentina and Türkiye, a report says   The UK will have one of the highest inflation rates of any major developed economy this year, the Organization for Economic Co-operation and Development (OECD) reported on Wednesday. According to the forecast, British inflation, which only recently fell to single digits for the first time since last summer, will be higher in 2023 than nearly any G20 member except Argentina and Türkiye. Although headline inflation in the UK declined to 8.7% in April from 10.1% in March amid cooling energy prices, food inflati

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