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var flashClass = "ticker-bg"; if (lastNewsFlashArticle.length != 0) { if (lastNewsFlashArticle == ""){ flashClass = "ticker-bg no-newsflash"; } else if (lastNewsFlashArticle == "ticker"){ flashClass = "hide-all"; } } if (flashClass == "ticker-bg no-newsflash" || flashClass == "ticker-bg" || flashClass == "flash-bg"){ $("#sub-prime li a").css("height","29px"); } document.write("<div id='newsflash-ticker-placeholder' class='" + flashClass + "'></div>") </script> <div class="content t-default"> <div class="cf"> <div class="lockup lockup-6"> <div class="cf"> <div class="article-1"> <h2 class="f-ha"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/business/economics/article2879794.ece"> Rocketing prices ‘to send inflation rate to 5 per cent’ </a> </h2> <div class="byline"> <strong class="f-author">Sam Fleming</strong> <span class="title">Economics Editor</span> </div> <div> <div><p>Rocketing food and fuel prices could send the inflation rate to 5 per cent by the autumn, economists warned after a shock report yesterday threatened to trigger a rise in interest rates. Record monthly leaps in food and transport costs pushed the consumer prices index (CPI) to 3.7 per cent in December, the Office for National Statistics said. City traders are now anticipating as many as three separate quarter-point interest rate increases by the Bank of England this year alone. That would take the official interest rate from 0.5 per cent to 1.25 per cent, lifting payments on an average £121,500 mortgage from £659 a month to £711. Inflation is set to head yet higher in 2011 thanks to this month’s VAT increase and rampant growth in Asia, which is driving up commodity prices across the globe. Michael Saunders<a href="/web/20110119032910/http://www.timesplus.co.uk/tto/business/economics/article2879794.ece"><img src="/web/20110119032910im_/http://www.timesplus.co.uk/tto/public/img/icons/arrow.gif" alt=""/></a></p></div> <ul class="relations"> <li> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/opinion/leaders/article2879588.ece" class="i-sm i-opinion-sm"><span><i></i></span> High Anxiety </a> </li> <li> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/business/economics/article2879840.ece" class="i-sm i-article-sm"><span><i></i></span> Soaring inflation will squeeze Britain </a> </li> <li> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/business/economics/article2879831.ece" class="i-sm i-analysis-sm"><span><i></i></span> Bank should reserve judgment </a> </li> <li> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/business/economics/article2878747.ece" class="i-sm i-article-sm"><span><i></i></span> Comment: hole in the Bank’s logic </a> </li> <li class="comments"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/business/economics/article2879794.ece#comments" class="i-sm i-comment-sm pluck-comment-count pluck-comment-id-tto-2879794"> <span><i></i></span>  </a></li> </ul> </div> </div> <div class="article-2"> <div class="media "> <div class="tto-slideshow"> <ul class="tto-slides"> <li class="tto-slide "> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81022142_Duvalier_103554e.jpg" alt="Jean-Claude “Baby Doc” Duvalier leaves the civil court house with his wife Veronique Roy in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">Jean-Claude 'Baby Doc' Duvalier leaves court with his wife</span> <span class="f-credit">Eduardo Munoz/Reuters</span> </div> <div class="tto-counter">1 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81022141_Duvalier_103555e.jpg" alt="Jean-Claude “Baby Doc” Duvalier leaves the civil court house with his wife Veronique Roy in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">He was surrounded by chaotic crowds of supporters</span> <span class="f-credit">Eduardo Munoz/Reuters</span> </div> <div class="tto-counter">2 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81017504_Haiti_103558e.jpg" alt="People crowd in the street as Jean Claude Duvalier is transfered from the Hotel Karibe in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">People crowded the streets as he was taken into court</span> <span class="f-credit">Hector Retamal/AFP/Getty Images</span> </div> <div class="tto-counter">3 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81018007_Haiti_103560e.jpg" alt="People cheer as Jean-Claude Duvalier,’Baby Doc’ is taken into custody by Haitian police at the Hotel Karibe in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">Supporters of the former dictator thronged the streets</span> <span class="f-credit">Allison Shelley/Getty Images</span> </div> <div class="tto-counter">4 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81020600_Haiti_103561e.jpg" alt="Haitians react as a man holds a photograph of former Haitian dictator Jean-Claude “Baby Doc” Duvalier during a protest in front of the courts in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">Many held portraits of the former leader</span> <span class="f-credit">Eduardo Munoz/Reuters</span> </div> <div class="tto-counter">5 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81017658_Haiti_103562e.jpg" alt="Tyres are burnt in front of the courts, where former Haitian dictator Jean-Claude “Baby Doc” Duvalier was transported to, in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">Some protesters burnt tyres in front of the court</span> <span class="f-credit">Eduardo Munoz/Reuters</span> </div> <div class="tto-counter">6 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81017478_Haiti_103563e.jpg" alt="People crowd in the street as Jean Claude Duvalier is transfered from the Hotel Karibe in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">He was charged with corruption and embezzlement</span> <span class="f-credit">Hector Retamal/AFP/Getty Images</span> </div> <div class="tto-counter">7 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81016113_Duvalier_103565e.jpg" alt=" Jean-Claude Duvalier arrives to court surrounded by police in Port-au-Prince, Haiti" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">There were scenes of chaos as he arrived at court</span> <span class="f-credit">Dieu Nalio Chery/AP</span> </div> <div class="tto-counter">8 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81018135_Duvalier_103566e.jpg" alt="Former Haitian dictator Jean-Claude “Baby Doc” Duvalier(C) arrives at the courthouse with a police escort in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">Despite the violence of his rule, he still has a following</span> <span class="f-credit">ector Retamal/AFP/Getty Images</span> </div> <div class="tto-counter">9 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81016177_Duvalier_103567e.jpg" alt="Jean-Claude “Baby Doc” Duvalier, is escorted by police to the prosecutors office in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">He is escorted to the prosecutor's office</span> <span class="f-credit">Hector Retamal/AFP/Getty Images</span> </div> <div class="tto-counter">10 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81015730_Duvalier_103564e.jpg" alt="Jean-Claude Duvalier, also known as ‘Baby Doc’, is escorted by police in Port-au-Prince, Haiti" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">He was escorted by police from his hotel</span> <span class="f-credit">Andres Martinez Casares/EPA</span> </div> <div class="tto-counter">11 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81018177_Duvalier_103568e.jpg" alt="Jean-Claude Duvalier, known as ‘Baby Doc’, waves as he is taken into custody by Haitian police at the Hotel Karibe" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">He was about to hold a press conference</span> <span class="f-credit">Allison Shelley/Getty Images</span> </div> <div class="tto-counter">12 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/80998440_haiti_103321e.jpg" alt="Haiti’s former dictator Jean-Claude “Baby Doc” Duvalier waves to the press from a hotel balcony in Port-au-Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">'Baby Doc' at his hotel today before being taken away</span> <span class="f-credit">Ramon Espinosa/AP</span> </div> <div class="tto-counter">13 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81000832_haiti_103319e.jpg" alt="National police officers patrol the corridor of the floor of the hotel where Haiti’s former dictator Jean-Claude “Baby Doc” Duvalier is staying" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">Dozens of police arrived at the hotel</span> <span class="f-credit">Ramon Espinosa/AP</span> </div> <div class="tto-counter">14 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/4727088_haiti_103326e.jpg" alt="1982 photograph of Jean-Claude Duvalier, alias Baby Doc, then life President of Haiti, at Port au Prince" width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">'Baby Doc' before being ousted in 1986</span> <span class="f-credit">AFP/Getty Images</span> </div> <div class="tto-counter">15 of 16</div> </div> </li> <li class="tto-slide tto-hide"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> <img src="https://web.archive.org/web/20110119032910im_/http://www.thetimes.co.uk/tto/multimedia/archive/00103/81002712_haiti_103323e.jpg" alt="Haiti’s national policemen stand guard outside the hotel where exiled former Haitian dictator Jean-Claude “Baby Doc” Duvalier is staying in Port-au-Prince " width="380" height="253"/> </a> <div class="frosted"> <div class="caption"> <span class="f-caption">The authorities claim Mr Duvalier stole state funds during his rule</span> <span class="f-credit">Eduardo Munoz/Reuters</span> </div> <div class="tto-counter">16 of 16</div> </div> </li> </ul> <div class="tto-slideshow-controls"> <a href="#" class="tto-slide-prev" title="Previous"><span></span></a> <a href="#" class="tto-slide-next" title="Next"><span></span></a> </div> </div> </div> <h2 class="f-hb"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879293.ece"> ‘Baby Doc’ charged with corruption </a> </h2> </div> <div class="article-3"> <div class="hr"> <hr/> </div> <h2 class="f-hd"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879727.ece">Hu Jintao arrives for crucial US visit</a> </h2> <div class="media"> <a href="/web/20110119032910/http://www.timesplus.co.uk/tto/news/world/americas/article2879727.ece"> <img 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