Britain's June CPI increased by 40 years year -on -year high

Xinhua News Agency, London, July 20 (Reporter Huang Zemin) Data released by the National Bureau of Statistics of the United Kingdom showed that the British Consumer Price Index (CPI) increased by 9.4%year -on -year, reaching a new high in 40 years.

Grant Fitzner, chief economist of the National Bureau of Statistics, said fuel and food prices have risen to increase inflation. Promoted by metal and food prices, raw materials and manufactured factory prices have continued to rise.

Paul Dals, an economist of Kaitou International Macroeconomic Consulting Company, said that the overall decline of international oil prices in the near future means that gasoline prices have been touched, and they will fall down and lower the level of inflation. rising. Data in June show that the inflation pressure caused by domestic factors in the UK is rising, and these pressures are often more lasting.

The British CPI in April rose 9%year -on -year and rose 9.1%in May, setting the highest record in 40 years. The British government will increase the upper limit of energy prices in October, and the British Bank of England's Bank of England is expected to increase by more than 11%year -on -year.

In order to suppress high inflation, the Bank of England announced in June that the benchmark interest rate was raised from 1%to 1.25%. This is the fifth rate hike of the Bank of England since December last year. President Andrew Bailey said recently that the central bank has the responsibility to control the goal of 2%of the inflation rate, and is currently considering the possibility of 50 basis points in August.

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