The UK is struggling with high inflation in particular. Consumer prices continue to rise, the highest level in 40 years.
Briefly essential
- Prices in the UK continue to rise.
- In May, inflation hit a 40-year high of 9.1 percent.
An ugly post! Inflation In the United Kingdom Continued to rise in May. Like the Statistics Office ONS announced Wednesday that selling prices have reached more than nine percent.
This is the highest rate since records began in 1997. The ONS post-calculation concluded in 1982 that inflation was last high. Statisticians released similar reports earlier in the month. Than the rate of inflation Was 9 percent. The biggest contributor to inflation is rising commodity prices Food And non-alcoholic beverages.
On the other hand, as in the case of clothing and footwear, inflation in the leisure and leisure sector has weakened somewhat. Englishman Central Bank Has been fighting inflation by raising interest rates. It has raised its core interest rate several times since November to 1.25 percent.
More on the topic:
“Friend of animals everywhere. Web guru. Organizer. Food geek. Amateur tv fanatic. Coffee trailblazer. Alcohol junkie.”
More Stories
British PM: Border security more important than international courts
USA vs Germany Live on Free TV and Stream: Ice Hockey World Cup 2024
Asylum deal with Rwanda: Botswana rejects asylum claims from Great Britain