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from £120 up to £250. today's figures show inflation in - from £120 up to £250. today's - figures show inflation in september was at 3.1%, driven by higher prices in transport, food, and home services. that is slightly lower than the august figure, but much higher than the bank of england target of 2%. i higher than the bank of england target of 296-— target of 2%. i think it's a real cause of some _ target of 2%. i think it's a real cause of some concern - target of 2%. i think it's a real. cause of some concern because clearly we want inflation rates to the lower. the critical question is, how long is that inflation going to last for. the governor of the bank of england is hopeful the inflation rate will be contained and that is something they are looking at. inflated places means pension pots aren't stretching quite as far. the ices are aren't stretching quite as far. tie: ices are effectively aren't stretching quite as far. he ices are effectively losing value.

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