UK inflation smashes 40-year high ...News

Russia Today - News
UK inflation smashes 40-year high
Food and energy led the 10.1% price spike The UK’s consumer price inflation surged to a new high of 10.1% per annum in July, up from 9.4% in June, according to new estimates from the Office for National Statistics (ONS). The figure is rapidly drawing closer to the Bank of England’s expectations for October, when inflation is predicted to top 13.3%. According to the ONS, the rise in food prices made the largest contribution to the growth in inflation. “Supermarkets have had little choice but to pass on price increases from suppliers, themselves contending with unprecedented inflation in raw material and ingredient

Hence then, the article about uk inflation smashes 40 year high was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( UK inflation smashes 40-year high )

Apple Storegoogle play

Last updated :

Also on site :