Rising Inflation ‘Bad News for Everyone’ as Food and Fuel Costs Soar

UK CPI inflation rose to 9.4% in June. — UK CPI inflation rose to 9.4% in June.
Photographer: Chris J. Ratcliffe/Bloomberg

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By THE PRESS ASSOCIATION (David Hughes, PA Political Editor)

July 20, 2022 at 7:14 AM UTC

This article is for subscribers only.

Rising costs are hitting households from the poorest to the wealthiest, with more misery to come, a leading economic think tank warned.

The latest inflation figures from the Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation rose to 9.4% in June, up from 9.1% in May.