The rate accelerated to 9.1 per cent in May, from 9 per cent a month earlier, the Office for National Statistics said on Wednesday.
| UK inflation rose to a fresh four-decade high in May after broad increases in the cost of everything from fuel and electricity to food and beverages.
The increase was driven by rising prices for food and non-alcoholic beverages, which formed a stark contrast to falls a year ago. Rising electricity and gas and other fuel prices, motor fuels and second-hand cars were also big contributors to the headline figure. “I know that people are worried about the rising cost of living, which is why we have taken targeted action to help families,” said Chancellor of the Exchequer Rishi Sunak. “We are using all the tools at our disposal to bring inflation down and combat rising prices.”
While Mr Johnson has introduced a package of measures to help offset some of the jump in energy bills, it says increasing pay to match inflation is not an option. Mr Johnson told his cabinet on Tuesday that his government seeks to enforce pay restraint on public sector workers or else push prices even higher.Meanwhile, the BoE, which says it can do nothing to stop the spike in prices this year, is adding to the short-term pain of some households by hiking rates at an unprecedented rate.
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