UK inflation surges to 40-year high of 10.1% in July

The double digit figure is above analyst expectations of 9.8%

clock • 2 min read
UK inflation surges to 40-year high of 10.1% in July

UK inflation soared to 10.1% in July, reaching double digits for the first time in 40 years.

The Consumer Prices Index (CPI) figures came in above expectations of 9.8%, and up from 9.4% in June. The Office for National Statistics said that rising food prices made the largest upward cont...

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