In the UK, the annual inflation rate took place last July. 10.1%Compared to 9.4% recorded in June, this represents the largest increase in prices since then. 1982As reported Wednesday by the UK’s Office for National Statistics (ONS).
He stated that the agency highest annual inflation rate It was recorded in one month of the current historical series, which began in January 1997.
Forecast models before this date, OUNCE (no record) shows that inflation only reached a higher level in January 1982.
On your own behalf core CPIExcluding volatility in energy, food, alcohol and tobacco prices, it rose to 6.2% in the 12 months to July from 5.8% in June.
Prices recorded on a monthly basis in the seventh month of the year 0.6% increase, After being stable in June.
The Bank of England warned that the rise in the CPI could exceed 13 percent. fourth quarter of 2022 While the organization predicts that the second European economy will enter a recession “from the fourth quarter of this year”, it remains very high for most of 2023 before falling to its 2% target in two years.
rate euro area annual inflation While it remained at 8.9% in July, compared to 8.6% recorded in June, the rise in prices in the United States fell to 8.5% in July, the six-tenths observed in June were 9.1%. under.