Darllenwch y dudalen hon yn Gymraeg
The cost of living has been increasing across the UK since early 2021. The annual rate of inflation reached a 41-year high of 11.1% in October 2022, and the Bank of England raised interest rates to 3% in November, the highest level since the financial crisis of 2008. This affects the affordability of goods and services for households, and also impacts on businesses.
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