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UK inflation hits fresh 40-year high

UK inflation rate increase
A two Euro coin is pictured next to a one Pound coin on top of a portrait of Britain's Queen Elizabeth in this file photo illustration shot March 16, 2016. Photo: Reuters/File

British annual inflation surged to a fresh 40-year high in June on rising motor fuel and food prices, adding to a cost-of-living crisis.

The Consumer Prices Index jumped to 9.4 per cent in June from 9.1 per cent in May, the Office for National Statistics said in a statement.

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UK inflation hits fresh 40-year high

UK inflation rate increase
A two Euro coin is pictured next to a one Pound coin on top of a portrait of Britain's Queen Elizabeth in this file photo illustration shot March 16, 2016. Photo: Reuters/File

British annual inflation surged to a fresh 40-year high in June on rising motor fuel and food prices, adding to a cost-of-living crisis.

The Consumer Prices Index jumped to 9.4 per cent in June from 9.1 per cent in May, the Office for National Statistics said in a statement.

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