Economy, Europe

UK's annual inflation hits 30-year high

Annual inflation up to 6.2% in February from 5.5% in January

Gokhan Ergocun  | 23.03.2022 - Update : 23.03.2022
UK's annual inflation hits 30-year high

ISTANBUL

UK annual inflation hit a record level of 6.2%, the highest level since 1992, in February.

According to the country's statistical authority, the rate was up from 5.5% in January.

The Office for National Statistics (ONS) said the rise stemmed from price hikes in food, durables, consumer goods, and energy.

"Energy, motor fuels and used cars have put strong upward pressure on inflation while food prices have also risen," the office said.

In February, the annual inflation rate was 5.9% in the eurozone and 6.2% in the EU.

Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.
Related topics
Bu haberi paylaşın