Published 2 years ago

UK inflation hits double digits, highest since 1982

Summary by Ground News

Britain's rate of inflation has surged to a fresh 40-year high, heaping yet more pain on cash-strapped households as the cost of living crisis deepens. The Consumer Prices Index (CPI) rose to 10.1% in the 12 months to July, up from 9.4% in June and remaining at the highest level since February 1982, the Office for National Statistics (ONS) said.

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Times of India

UK CPI inflation jumps to 10.1%, highest since 1982

The increase was above economists' expectations in a Reuters poll for inflation to rise to 9.8% in July, and will do nothing to ease the Bank of Engla..

2 years ago·India

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BBC News

UK inflation hits 10.1% as cost of living soars

Rising living costs are eating into household budgets, with prices accelerating faster than wages.

2 years ago·United Kingdom

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News18 India

Inflation in UK Hits New 40-Year High, Highest Among Richest Nations; Cost-Of-Living Crisis Deepens

British inflation surged to a new 40-year high in July on soaring food prices, official data showed Wednesday, adding to a cost-of-living crisis as the country faces the prospect of recession

2 years ago·India

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The Guardian

UK inflation hits 10.1% amid cost of living crisis as recession looms

ONS July figure shows further increase from 9.4% in June – rising to highest level since 1982

2 years ago·London, United Kingdom

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The Independent

Boris Johnson accused of being on ‘shore leave’ as UK faces recession - follow live

Inflation rate of 10.1 per cent puts further strain on households across UK

2 years ago·London, United Kingdom

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Reuters

UK inflation hits double digits for first time since 1982

Consumer price inflation in Britain jumped to 10.1% in July, the highest since February 1982, making it the first major rich economy to see price growth hit double digits as surging food costs intensifieda squeeze on household budgets.

2 years ago·United Kingdom

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