IMF warns rising prices will be worse in UK

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Slovakia is the only eurozone country expected to have higher inflation than the UK by the end of next year. …

It made the comments as it downgraded forecast growth around the world as a result of a longer-lasting inflationary shock, arising from Russia’s invasion of Ukraine. Rising global interest rates, and a strong dollar, are adding to these pressures, said the world’s most important international financial institution.

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