Economic Report: U.K. inflation hits fresh 40-year high of 9.4%

by | Jul 20, 2022 | Stock Market

Inflation in the U.K. hit a fresh 40-year high of of 9.4% in June, driven by surging gas and food prices, according to the Office for National Statistics. Economists has expected a rate of 9.3%, up from 9.1% in May. The report will put more pressure on the government to address the country‚Äôs cost of living crisis, a challenge made all the…

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