Today news
About the same in other media
UK inflation reaches 9.4% after rise in petrol and diesel prices
Reading now: 844
Dearer petrol and diesel prices for motorists pushed Britain’s annual inflation rate to a fresh 40-year high of 9.4% last month.
Figures from the Office for National Statistics showed the government’s preferred measure of the cost of living – the consumer prices index – was up from May’s 9.1% figure.
Inflation, which stood at 2.5% in June 2021, has now risen for nine months in a row and the Bank of England is expecting it to peak at above 11% when energy bills rise again in the autumn.
The City had been forecasting inflation would pick up to 9.3% after the price of unleaded petrol rose by about 20p a litre in June.
More details soon …
Read more on theguardian.comAbout this in other media
Economy eclipses other issues in race to be UK PM euronews.com /2 years ago
If Putin is using gas prices to fight Europe, how can it fight back? theguardian.com /2 years ago
What do shrinkflation, skimpflation and stagflation mean and are they worse than inflation? euronews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
