The British CPI in July has reached a new high year -on -year increase in 40 years

Xinhua News Agency, London, August 17 (Reporter Huang Zemin) According to data released by the National Bureau of Statistics on the 17th, the British Consumer Price Index (CPI) rose 10.1%year -on -year in July this year, a new high of 40 years.

Grant Fitzner, chief economist of the National Bureau of Statistics of the United Kingdom, said prices generally increased their inflation again. Specifically, the prices of food prices, especially baked goods, dairy products, meat and vegetables have risen significantly, and the prices of daily consumer goods such as sanitary roll paper, toothbrush and deodorant have continued to rise. In addition, the factory prices of raw materials and finished products have continued to rise.

From April to June this year, the British inflation level refresh the highest record in 40 years. The British Think Tank Resolution Foundation stated that due to the higher proportion of low -income families in food and energy, high inflation has a greater blow to these families. As the price continues to rise and the actual income of personal income has shrunk, low -income families have to significantly reduce unnecessary costs.

Kaitou macroeconomic scientist Lu Gregori said that there are signs that inflation pressure caused by domestic factors in the UK is replacing external impacts, and these pressures may be more durable, which may promote the Bank of England to consider continuing to raise a sharp interest rate in September Essence

In order to curb high inflation, the Bank of England announced in early August that the benchmark interest rate raised the benchmark interest rate from 1.25%to 1.75%, which is the sixth rate hike of the Bank of England since December last year. The Bank of England predicts that the CPI will increase by more than 13%in the fourth quarter of this year, and will continue to maintain a high level next year.

[Editor in charge: Xu Haizhi]

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