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UK Inflation Hits 41 Year High!

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UK inflation reached a 41-year high, accelerating to 11.1%.

Inflation is now at its highest since October 1981, having previously recorded a rate of 10.1%.

All eyes will now be on the Autumn budget, as the new Chancellor has to make some tough decisions as we head into 2023.

GBPUSD 01:50
USDJPY 03:05

Test your strategy on how the GBP will fare! Open your Orbex Account and start trading now. 

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