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Monday, Jul 04, 2022

UK inflation hits 30-year high of 7% as energy prices surge

UK inflation hits 30-year high of 7% as energy prices surge

The 7% annual rise in the consumer price index is the highest since March 1992. Consumer prices rose by 1.1% month-on-month, outstripping expectations for a 0.7% climb in a Reuters poll of economists, which had projected a 6.7% annual increase.
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