#Breaking: Now there’s a surprise. #UK #inflation jumped last month to 10.4% after peaking at 11.1% in October and falling to 10.1% in January.

Now there’s a surprise: UK inflation jumped last month to 10.4% after peaking at 11.1% in October and falling to 10.1% in January. Complicates Bank’s decision on interest rates today, which was already complicated enough! OBR predicts inflation below 3% by December.

— Andrew Neil (@afneil) March 22, 2023

Source: Twitter