Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

UK Inflation Hits 41-Year High at 11.1% UK inflation hits a 41-year high last month as higher energy prices led to the consumer price index (CPI) data exceeding expectations, as well as the Bank of England (BoE) forecast for its peak. At 11.1%, the data implies a considerable squeeze on real incomes, with the pace far exceeding wages, which were confirmed to have risen 6% in the three months to September, yesterday -5.7% excluding bonuses.  The only upside is that this is expected to be as high as it gets, according to analyst notes. Of course, just as important is…

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