Inflation in the UK reaches its highest level

Inflation

Inflation in the UK reaches its highest level.

Inflation in the UK rose to 9.1 per cent in May, reaching its highest level in 40 years.

The British Bureau of Statistics (ONS) released inflation data for May.

According to updated data, the country’s inflation, which stood at 9 per cent in April, rose to 9.1 per cent last month.

The biggest contribution to the increase in inflation was given by the prices of energy, fuel, food and real estate.

May inflation in Britain at this level was last recorded in 1982.