UK Inflation Hits 9%, Continuing 40-Year High!
UK inflation jumped to 9% in the 12 months to April, up from 7% in March.
Higher fuel and food prices, driven by the Ukraine war, are also pushing the cost of living up.
Inflation is expected to continue to rise this year, as the cost-of-living crisis spirals out of control.
Timestamps
GBPUSD 01:45
EURUSD 03:05