UK Inflation Rises At Fastest Rate In Almost 30 Years
Increased costs in energy, housing, and transportation have squeezed household budgets in the U.K., causing inflation to rise at its fastest pace in almost 30 years. The U.S. consumer price index rose 7.5% last month, the highest rate in 40 years, while the eurozone’s 19 countries saw their prices rise a record 5.1% last month.