London

Amid rising prices of fuel and food items, Britain's Consumer Prices Index (CPI) rose by 9.4 per cent in the 12 months to June, hitting a fresh 40-year high.

On a monthly basis, the country's CPI rose by 0.8 per cent in June 2022, compared with a rise of 0.5 percent in June 2021.

The annual increase for transport was 15.2 per cent in June 2022, compared with a minus 1.5 percent in June 2020 during the first COVID-19 lockdown.

Within transport, the price of motor fuels saw a 42.3 per cent rise on year-on-year basis.

Food and non-alcoholic beverage prices have risen by 9.8 per cent in the year to June 2022, the highest rate since March 2009.

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The Bank of England, the country's central bank, expects inflation to rise above 11 per cent in October.