The British inflation rate exceeds 10%, a 40 -year high, and the analysis states that if measures are not taken or more than 15%

Author:Surging news Time:2022.08.18

On July 20, 2022, local time, the people are shopping. Surging Image Information Map

On August 17, local time, according to the data released by the National Bureau of Statistics of the United Kingdom, the inflation rate in Britain in July this year was as high as 10.1%, a new high since February 1982, and the first inflation in the Seventh Kingdom Group (G7) A country with a rate of 10%.

According to Reuters reported on August 17, in June this year, Britain's inflation rate was 9.4%. The National Bureau of Statistics of the United Kingdom said that prices generally increased their inflation. A recent polls carried out by Reuters show that most economists expect that Bank of England Bank of England may further raise interest rates in September this year, and the benchmark interest rate will be raised to 2.25%.

Xinhua News Agency pointed out that Fitzner, chief economist of the National Bureau of Statistics of the United Kingdom, said that the price of food prices, especially baked foods, dairy products, meat and vegetables has risen significantly, and daily life such as sanitary roll paper, toothbrush and deodorant agent Consumer products have also continued to rise. In addition, the factory prices of raw materials and finished products have continued to rise.

Reuters reports that Benjamin Nabarro, an economist at American Citi Bank, said that unless the British government takes measures to reduce prices, Britain's inflation rate may reach a peak of more than 15%at the beginning of next year. British Finance Minister Zahawi said his primary task was to fight inflation and the government is currently studying related plans.

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