Sunday, June 29, 2008

What was the inflation rate last year

In different countries the inflation rate is different.

Last years inflation rate for the UK was 3% in December 2007 which was a 11 year high.

The consumer price index in the UK went up to 2.7% in Novemebr 2007.

The USA inflation rate went up to 2.85% rate.

The inflation rate depends on different variables. Since the world's fuel has been pushed up in value by a stagering rate this should make a big difference on the inflation increase.

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