Annual rate in June up from May’s 9.1% figure and exceeds analysts’ expectations
Business live updates: UK inflation rises for ninth month in a row
Rising petrol and diesel prices for motorists and dearer food pushed Britain’s annual inflation rate to a fresh 40-year high of 9.4% last month.
Figures from the Office for National Statistics (ONS) showed the government’s preferred measure of the cost of living – the consumer prices index – was up from May’s 9.1% figure.
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