May

CPI inflation rate hits 9% in the 12 months to April 2022 – Bank of England gives up?

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The latest inflation figures released today by the Office of National Statistics indicate CPI inflation has reached 9.0% in the 12 months to April 2022, the highest rate since recording started in 1997, and up from 7.0% in March. CPI monthly inflation increased dramatically in April to 2.5%

View Full Article: CPI inflation rate hits 9% in the 12 months to April 2022 – Bank of England gives up?