Cpi Soars In October Due To Higher Electricity And Petrol Prices
MADRID, SPAIN - NOVEMBER 12: A high-voltage electricity pylon on 12 November 2021 in Madrid, Spain. The Consumer Price Index (CPI) rose by 1.8% in October compared to the previous month and shot its year-on-year rate to 5.4%, almost 1.5 points above the rate in September and its highest level in 29 years, due to the rise in electricity and gasoline prices. With the year-on-year figure for October, the highest since September 1992, the CPI chains its tenth consecutive positive rate. (Photo By Eduardo Parra/Europa Press via Getty Images)
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