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Annual inflation in UK in June jumps to highest level in 40 years

Annual inflation in UK in June jumps to highest level in 40 years
# 20 July 2022 11:54 (UTC +04:00)

The annual inflation in the UK accelerated in June to 9.4% from 9.1% in May, marking a record high since 1982, the Office for National Statistics (ONS) announced on Wednesday, APA reports citing Sputnik.

"The Consumer Prices Index (CPI) rose by 9.4% in the 12 months to June 2022, up from 9.1% in May," the ONS said in a statement.

The consumer price index, in turn, rose by 0.8% last month compared to 0.7% in May.

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