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

Xinhua News Agency, London, June 22 (Reporter Yang Hairuo Zhao Xiuzhi) Data released by the National Bureau of Statistics on the 22nd show that the British consumer price index (CPI) in May (CPI) increased by 9.1%year -on -year, reaching a new high of 40 years after April.

Grant Fitzner, chief economist of the National Bureau of Statistics of the United Kingdom, said that food prices continued to rise sharply, gasoline prices broke a record, and inflation levels ended high.

The price index announced during the same period shows that with the sharp rise in food and raw materials, the factory price index of the British industrial producer's factory price index rose 15.7%year -on -year, the highest record in 45 years.

Kaitou macro chief British economist Paul Dals said that British inflation level has not yet reached its peak. The British government will increase the upper limit of energy prices in October, and the Bank of England is expected to increase by more than 11%year -on -year CPI.

The British Consumer Price Index (CPI) rose 9%year -on -year, setting a record in 40 years. In order to curb high inflation, the Central Bank of England Bank of England announced on the 16th 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.

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