Annual Inflation in UK in June Jumped to Highest Level in 40 Years

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

“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.

Source: Saudi Press Agency