UK inflation could peak next year at 18%, warns Citi - CNN

British consumer price inflation is set to peak at 18% — nine times the Bank of England's target — in early 2023, an economist at US bank Citi said on Monday, raising his forecast once again in the light of the latest jump in energy prices.

LondonBritish consumer price inflation is set to peak at 18% nine times the Bank of England's target in early 2023, an economist at US bank Citi said on Monday, raising his forecast once again in the… [+686 chars]

full article...