Inflation rate rises to 40-year high of 10.1%
The inflation rate rose to 10.1% in the 12 months to July, the highest level since February 1982. The rate has risen sharply over recent months and was up from 9.4% in June. The July figure was the highest annual consumer price index (CPI) inflation, according to the Office for National Statistics (ONS). Increased food…
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