UK economy crippled by inflation - are high prices here to stay?

Adolf Goebbels
Published on Apr 22, 2023
Britain has the highest inflation rate in Western Europe. Last month the rising cost of food contributed to a 10.1% inflation rate, only a slight drop from the month before.

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In the past year, the price of olive oil has gone up by 50%, cheese and eggs over 30% and vegetables 20%.

This is the sharpest 12-month food price increase since records started in August 1977.
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