Inflation rises to 9.4%

20 July 2022

The Office of National Statistics (ONS) release monthly inflation statistics, today's figures show June's Consumer Price Index (CPI) at 9.4%.

The rate increased by 0.3% from May to June, after a 0.1% increase from April to May. Costs of housing, household services and fuel rising all contribute to the rise.

The June 2022 figure is the highest recorded annual inflation rate since January 1997, which is when records began. Based on historic estimates, the last time inflation was this high was in 1982.

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