UK Inflation to Rise to Highest in G7, Warns IMF as Food Costs Surge

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UK Inflation to Rise to Highest in G7, Warns IMF as Food Costs Surge

UK price inflation forecasts were increased by the IMF for 2025 and 2026 Yui Mok/PA

UK inflation is set to surge to the highest in the G7 in 2025 and 2026, according to the International Monetary Fund (IMF).

In its latest outlook report, the influential economic body said price inflation in the UK would increase more sharply than expected in both years compared with previous predictions from July.

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