UK inflation has hit a 40-year high. Here's what that means for Australia - ABC News


6/22/2022 12:00:00 AM2 years 10 months ago
by David Taylor

Inflation is soaring to new highs in major global economies and Australia is not immune.

Another major economy has just recorded a large increase in inflation  a key measure of the cost of living. The UK Consumer Prices Index (CPI) rose by 9.1 per cent in the 12 months to May 2022, up f… [+3841 chars]

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