KONTAN.CO.ID - LONDON. Soaring food prices pushed British consumer price inflation to a new 40-year high last month of 9.1%, official data showed on Wednesday. The reading matched the consensus of a Reuters poll of economists. "Rising prices for food and non-alcoholic beverages, compared with falls a year ago, resulted in the largest upward contribution," the Office for National Statistics said.
UK Inflation Hits New 40-Year High of 9.1% in May
KONTAN.CO.ID - LONDON. Soaring food prices pushed British consumer price inflation to a new 40-year high last month of 9.1%, official data showed on Wednesday. The reading matched the consensus of a Reuters poll of economists. "Rising prices for food and non-alcoholic beverages, compared with falls a year ago, resulted in the largest upward contribution," the Office for National Statistics said.