Inflation hits 41-year-high of 11.1% amid cost of living crisis 👉 The last time the Consumer Prices Index rate would have been higher was in October 1981
drove headline inflation to its highest level for over 40 years, despite the Energy Price Guarantee.
“There was further evidence that costs facing businesses are rising more slowly, driven by crude oil and petroleum prices.”Inflation, the measure of how much the prices of goods and services increase over time, has soared repeatedly this year. Shoppers who have already been hit by the rising cost of living may now have to spend even more on essential groceries and energy and fuel bills.Jack Leslie, senior economist at the Resolution Foundation think tank, said: “Everyone in Britain is affected by double digit inflation, which has caused pay packets to shrink at record rates.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Record wage rises still outpaced by soaring inflationUnemployment rate rose slightly to 3.6% in the three months to September, up from 3.5% in August, official figures show
Weiterlesen »
Record wage rises still outpaced by soaring inflationWages rise at their fastest rate in more than 20 years, but still lag behind the soaring cost of living.
Weiterlesen »
Soaring energy bills just to keep our son alive'The cost of living crisis, for most people, it’s 'Oh we just won’t go on holiday this year' but for us it’s our son’s life.'
Weiterlesen »
Households face soaring council tax and energy bills hike thanks to BudgetHOUSEHOLDS face a double hit of soaring council tax and £900 higher energy bills next spring thanks to the Autumn Statement. But Rishi Sunak dropped his biggest hint yet pensioners will be protecte…
Weiterlesen »
Energy bills sends interest in off-grid washing machines soaringA manual device created for refugee camps is now receiving a quarter of its enquiries from the UK.
Weiterlesen »