Article 5ZBW6 UK inflation hits 40-year high of 9% as cost of food and energy soars

UK inflation hits 40-year high of 9% as cost of food and energy soars

by
Phillip Inman
from on (#5ZBW6)

Headline CPI rate fuelled by increase in household bills and rising transport costs

UK inflation soared to 9% in April - its highest level for more than 40 years - as the rising cost of gas and electricity pushed household energy bills to record levels.

The escalating cost of food and transport also contributed to the rising cost of living, deepening the crisis affecting millions of low- and middle-income families.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments