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Old 10-19-22, 04:38 AM   #279
Jimbuna
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The latest inflation figures show the cost of living went up 10.1% in the 12 months to September, driven mostly by rising food prices.

It means prices are rising at their fastest rate for 40 years. The figure for August was 9.9%

September's inflation reading is important because it'll be used to help calculate April's rise in the state pension as well as increases in benefits.

The government will now be under pressure to confirm if these payments will rise in line with this figure.

BBC News is in Sunderland hearing how people are coping with the soaring cost of living and economic pressures.

More than half of people expect their financial position to worsen in the next six months, according to a survey we've commissioned.
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