"UK Inflation Surges to 16- year High"
According to the story, "High inflation in July will also lead to ... "further rises next January ..." Eco also noted that inflation may get worse because the current data did not yet include "announced rise and electricity prices."
HYPERLINK "http://www.ft.com/" www.ft.com, 8/12/200
The story reflects the concept of

Question

Quizplus · Accepted Answer

The article suggests that inflation may continue to rise due to increases in electricity prices and other costs impacting production, which is indicative of cost-push inflation. The mention of "further rises" and the acknowledgment that the current data does not include these additional price hikes also supports this concept.

"UK Inflation Surges to 16- Year High