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Cost of living hits 30-year high in America: Could the same happen here?

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Couple in supermarket, tornado of international currency.
Inflation has hit a 30-year high in the US. (Sources: Getty)

Consumer prices in the US are climbing at their fastest rate in 30 years, with petrol and food prices leading the charge.

In the year to October, the US Consumer Price Index leapt 6.2 per…

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