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Evening Standard
Evening Standard
World
Nicholas Cecil,Jonathan Prynn and Rachael Burford

Cost-of-living crisis: Shock warning on 18% inflation

Inflation Citi Liz Truss

Inflation could sky-rocket to above a “stratospheric” 18 per cent, a leading investment bank warned on Monday as millions of households were braced for energy bills to spiral.

Citi issued the alert that inflation could reach levels not seen since the 70s.

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