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The Independent UK

National

Holly Williams

Mounting cost crisis sees inflation soar to fresh 40-year high

Inflation Office for National Statistics Grant Fitzner Nadhim Zahawi Bank of England

PA Archive

UK inflation has surged to a fresh 40-year high as fuel and energy prices rocketed amid the cost-of-living squeeze, according to official figures.

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

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