Business / Economy
UK Inflation CPI Hits 3.7percent, Higher than Zimbabwe
20 Jan 2011 at 02:55hrs | Views
UK Inflation for December 2010 soared to CPI 3.7% from 3.3% which is set against academic economist expectations of just a few hours earlier of 3.3%.
This now puts UK inflation Higher than that of hyperinflation prone Zimbabwe's CPI at 3.2%, thus making a mockery of long standing commentary in the press that it was ridiculous to compare Britain's inflation problems with that of Zimbabwe.
Source - Byo24NEWS