UK inflation hits 40-year high of 9% as energy costs rocket – The National

  • Date: 19-May-2022
  • Source: The National
  • Sector:Oil & Gas
  • Country:Gulf
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UK inflation hits 40-year high of 9% as energy costs rocket – The National

The UK's rate of inflation increased at its fastest rate on record last month in a clear demonstration of the cost-of-living crisis, according to new official figures.

The Consumer Prices Index inflation increased to 9 per cent in April from 7 per cent in March, the Office for National Statistics has said.

It was the fastest measured rate rise since official records began in 1989, and the ONS estimates it was the highest level since 1982.