UK inflation hits new 40-year high of 9.1% as food and energy price surge persists

UK inflation hits new 40-year high of 9.1% as food and energy price surge persists

• The 9.1% rise in the consumer price index was in line with expectations from economists in a Reuters poll and slightly higher than the 9% increase recorded in April.
• Consumer prices rose by 0.7% month-on-month in May, slightly above expectations for a 0.6% rise but well short of the 2.5% monthly increase in April, indicating that inflation is slowing somewhat.

https://www.cnbc.com/2022/06/22/uk-inflation-hits-new-40-year-high-of-9point1percent-as-food-and-energy-price-surge-persists.html