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Wales Online
Wales Online
Erin Santillo

Is UK inflation worse than in the EU? Cost of living pressures squeeze household finances

Prices are rising in the UK at the highest rate in decades as households' finances continue to be squeezed. Energy, fuel and food costs are among the biggest contributors to inflation at present.

Average electricity prices jumped by 54% in April, while some petrol stations are now charging more than £2 per litre. The Bank of England has said rising global food prices are a "major worry".

But how does inflation in the UK compare with the economies of our neighbours in the European Union? The chart below compares the data.

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