Annual inflation in the UK rises to 9% and reaches a maximum in 40 years

Annual inflation in the UK rose to 9% in April, the highest figure in 40 years of observation. About to witness Data from the country’s Office of National Statistics.

In April, annual inflation in the UK reached a record high since March 1982, reaching 9%. In March, it was at the level of 7%.
In March 1982, it is stated that the inflation rate was 9.1%.

At the same time, the CPI index (inflation taking into account the cost of housing for homeowners) rose 0.5% to 6.2% in April.

On 17 May, Bank of England Governor Andrew Bailey delivered a speech to the Parliamentary Finance Committee. reportedHe said the situation in Ukraine could lead to a catastrophic rise in food prices around the world. According to him, another factor is the sharp increase in energy prices. This will come at the expense of reduced supply of gas and refined petroleum products such as diesel fuel.



Source: Gazeta

Popular

More from author

Greek Parliament did not support the vote of confidence in the current government 01:50

The Greek Parliament rejected the vote of confidence in the government headed by Kyriakos Mitsotakis. writes about this RIA News. The Greek opposition accused...

The share of financially unstable households increased in Russia 03/28/2024, 19:14

Since mid-2023, the share of Russians in a financially unstable situation has increased from 56.4% to 62.4%. writes about this RBC Referring...

The US administration allocated $60 million for initial expenses related to the bridge collapse 01:11

The United States Administration allocated $60 million to the State of Maryland for initial costs associated with the reconstruction of the Baltimore Bridge. ...

Scientists link dementia to changes in brain acidity 00:32

The acidity of the brain changes in schizophrenia, autism and Alzheimer's disease. The discovery could form the basis of a new approach to...