Consumer prices in the United Kingdom rose 10.1% in July, compared to a rise of 9.4% in the previous month, reaching the highest value in more than 40 years, the Office for National Statistics announced on Wednesday. (US).
The increase in prices was mainly due to the increase in electricity and gas pricesjust like him transportation and two foods Y non-alcoholic beveragesunderlined the ONS.
According to analysts, the UK consumer price index is at Highest level since February 1982when it rose 10.4%.
ONS Chief Economist Grant Fitzner said “Various types of product prices caused inflation to rise again”.
Food prices increased significantly, especially products related to bakery, dairy, meat and vegetables“, said the economist, adding that the prices of other basic items, such as toothbrushes and deodorantsalso pink.
“oh the cost of raw materials and goods leaving factories continued to risedriven by the price of metals and food,” he said.
The Bank of England recently raised the interest rates from 1.25% to 1.75% to control inflation and warned that it could reach 13% before the end of the yearanticipating that the UK could enter a recession in the last quarter of this year and that the crisis could continue next year.
Source: Observadora
