According to the ONS, which determines the inflation rate, one of the main causes of the most recent increase ... increased by 7.8 per cent in the year ending in November. The interest rate ...

But high inflation can also squeeze corporate profits with higher input costs. This causes corporations to worry about the future and stop hiring, reducing the standard of living of individuals ...

But what appeared to be a hot job market was actually a symptom — not the cause — of the recent bout of inflation, according to new research that explored the consequences of unexpected rising ...