Inflation 16 year high

In September inflation increased from 4.7% to 5.2% its fastest growth rate in 11 years and puts it at a 16 year high.



But economists believe Tuesday's report marks the highest inflation will go and that it will return to the target level by the end of 2009.

That will be the same economists that predicted the credit crunch and the collapse of the banking system then!!!!
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