World News Inflation Rate in Britain Hits 10.1 Percent, Driven Higher by Food Prices After easing slightly the previous month. By Walid Y Haris - October 19, 2022 FacebookTwitterPinterestWhatsAppEmailTelegramCopy URL Bread Prices Skyrocket as Inflation Grips Europe The elevated costs of flour, nuts, eggs and even electricity are forcing bakers to increase their prices and cut their production.