Poorest UK households facing highest inflation rates as cost of living crisis deepens – business live

UK inflation hits 9%, its highest level since 1982, with food inflation highest since 2011

UK factories have hiked their prices last month, as they passed on rising costs to customers, the ONS reports.

Output prices (what firms charge at the factory gate) were 14% higher than a year ago in April, which is the highest rate since July 2008.

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Source: theguardian
Poorest UK households facing highest inflation rates as cost of living crisis deepens – business live