{"id":3005,"date":"2021-12-15T07:30:24","date_gmt":"2021-12-15T07:30:24","guid":{"rendered":"https:\/\/fayezalajmi-4x.com\/?p=3005"},"modified":"2021-12-15T07:33:22","modified_gmt":"2021-12-15T07:33:22","slug":"inflation-doubles-the-bank-of-englands-target-in-november","status":"publish","type":"post","link":"https:\/\/fayezalajmi-4x.com\/en\/inflation-doubles-the-bank-of-englands-target-in-november\/","title":{"rendered":"Inflation doubles the Bank of England&#8217;s target in November"},"content":{"rendered":"<p><\/p>\n<div class=\"ccvoYb\">\n<div class=\"AxqVh\">\n<div class=\"OPPzxe\">\n<div class=\"dePhmb\">\n<div class=\"eyKpYb\" data-language=\"en\" data-original-language=\"ar\" data-result-index=\"0\">\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">\u00a0The CPI, which measures inflation in the United Kingdom, rose by 5.1% in the 12 months ending in November, compared to 4.2% in October, exceeding expectations that it would rise to 4.8%, its highest level since 2011, after rising by 0.7% on a monthly basis. <\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">In November, the core index, excluding food and energy prices, rose to 4%, compared to 3.4% in October (expectations of 3.7%). The largest contribution to the inflation rate in November came from the transportation sector by 1.34%, which was affected by the increase in car fuel prices in addition to the increase in prices in the housing and household services sector by about 1.28%.<\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\"> Inflation rates were twice the bank\u2019s target, and therefore the Bank of England will be subjected to a lot of pressure in its meeting tomorrow, Thursday. <\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">Will the bank prefer to wait until it sees the impact of the Omicron variable on the economy, especially after the restrictions imposed by the government last week, or will it move tomorrow, especially since the first meeting of the bank is coming in February of the year The coming period is a long time in light of the anxiety caused by the accelerating inflation. <\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\">The British pound is recording gains against the US dollar, and is trading at 1.3245 levels, after testing 1.3262 levels just moments ago.<\/span><\/span><\/div>\n<div class=\"UdTY9 Yb6eTe\" style=\"text-align: left;\" aria-hidden=\"true\" data-location=\"2\">\n<div class=\"kO6q6e\"><\/div>\n<\/div>\n<div class=\"BdDRKe\" style=\"text-align: left;\">\n<div class=\"aJIq1d DSmisd nzsIKe\" data-language-code=\"en\" data-language-name=\"\u0627\u0644\u0625\u0646\u062c\u0644\u064a\u0632\u064a\u0629\" data-text=\"Inflation doubles the Bank of England's target in November\nThe CPI, which measures inflation in the United Kingdom, rose by 5.1% in the 12 months ending in November, compared to 4.2% in October, exceeding expectations that it would rise to 4.8%, its highest level since 2011, after rising by 0.7% on a monthly basis. In November, the core index, excluding food and energy prices, rose to 4%, compared to 3.4% in October (expectations of 3.7%).\nThe largest contribution to the inflation rate in November came from the transportation sector by 1.34%, which was affected by the increase in car fuel prices in addition to the increase in prices in the housing and household services sector by about 1.28%.\nInflation rates were twice the bank\u2019s target, and therefore the Bank of England will be subjected to a lot of pressure in its meeting tomorrow, Thursday. Will the bank prefer to wait until it sees the impact of the Omicron variable on the economy, especially after the restrictions imposed by the government last week, or will it move tomorrow, especially since the first meeting of the bank is coming in February of the year The coming period is a long time in light of the anxiety caused by the accelerating inflation.\nThe British pound is recording gains against the US dollar, and is trading at 1.3245 levels, after testing 1.3262 levels just moments ago.\" data-crosslingual-hint=\"\" data-location=\"2\" data-enable-toggle-playback-speed=\"true\"><\/p>\n<div data-show-delay-ms=\"250\" data-append-to-body=\"true\" data-propagate-tooltip-mouseover-events=\"true\" data-anchor-corner=\"bottom-left\" data-enable-skip-handler=\"false\" data-popup-corner=\"top-left\">\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ZyvIDe\" style=\"text-align: left;\">\n<div class=\"a8FIud X0rvP L6rCcb\" data-apply-responsive-style=\"true\" data-classes=\"\" data-initial-translation-length=\"1361\" data-saved-translation-limit-reached=\"false\">\n<div data-show-delay-ms=\"250\" data-append-to-body=\"false\" data-propagate-tooltip-mouseover-events=\"true\" data-anchor-corner=\"bottom-end\" data-enable-skip-handler=\"false\" data-popup-corner=\"top-end\">\n<div>\n<div class=\"VfPpkd-Bz112c-RLmnJb\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"kGmWO\" style=\"text-align: left;\"><\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00a0The CPI, which measures inflation in the United Kingdom, rose by 5.1% in the 12 months ending in November, compared to 4.2% in October, exceeding expectations that it would rise to 4.8%, its highest level since 2011, after rising by 0.7% on a monthly basis. In November, the core index, excluding food and energy prices, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-3005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u0627\u0644\u062a\u0636\u062e\u0645 \u0636\u0639\u0641 \u0645\u0633\u062a\u0647\u062f\u0641 \u0628\u0646\u0643 \u0627\u0646\u062c\u0644\u062a\u0631\u0627 \u0627\u0644\u0645\u0631\u0643\u0632\u064a \u0641\u064a \u0646\u0648\u0641\u0645\u0628\u0631<\/title>\n<meta name=\"description\" content=\"\u0625\u0631\u062a\u0641\u0639 \u0645\u0624\u0634\u0631 \u0627\u0633\u0639\u0627\u0631 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