Wednesday, 2 November 2022

How does inflation in the UK compare to the EU?

The cost of food has been one of the
 key drivers of inflation this year. (PA)
It has been a year of soaring inflation in the UK.

According to the latest figures from the Office for National Statistics (ONS), the consumer prices index (CPI) increased to 10.1% in September.

This matched July's 40-year high – the last time inflation went over the 10% mark before that was in February 1982.

Inflation, the rate at which prices rise, has been at its highest level for decades in 2022, fired by the surge in gas and electricity bills and the increase in the cost of food and drink.


By Ross McGuinness.

Full story at Yahoo News.

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