The inflation rate in Britain rose by 5.1% last November on an annual basis, recording its highest level since September 2011, equivalent to about 10 years.


According to Arab Net, the inflation rate was 4.2% higher than last October, and higher than expectations for an increase of 4.7%.


The Bank of England had expected inflation to reach 5% in the second quarter of next year, more than double its target level, due to high energy prices and supply bottlenecks.


This comes as the Bank of England meets tomorrow, December 16, amid widespread expectations that the meeting will witness an interest rate hike.


In previous comments, Bank of England Governor Andrew Bailey expressed concern that inflation may continue for longer than expected.


Bailey indicated that it may not be as long-term as some fear.