UK Inflation Hits New 40-Year High of 9.1% as Food and Energy Price Surge Persists
Headline from NBC 5 Dallas-Fort Worth
U.K. inflation hit 9.1% year-on-year in May as soaring food and energy prices continue to deepen the country’s cost of living crisis.
NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Britain’s inflation rate hit 9.1% in May, a new 40-year high and up slightly from the previous month. The Office for National Statistics said Wednesday that consumer price inflation rose
By Andy Bruce and David Milliken LONDON (Reuters) - Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the
The increase is in line with analysts' expectations and comes as the Bank of England says inflation could hit 11% in October, when a cap on domestic energy bills is lifted.
British annual inflation has hit a fresh 40-year high, official data showed Wednesday, further eroding workers' wages and pressuring the Bank of England
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UK Inflation Hits New 40-Year High of 9.1% as Food and Energy Price Surge Persists | Since Then