UK inflation surges to double digits at 10.1% in July

Above expectations of 9.8%

Elliot Gulliver-Needham
clock • 3 min read
Rising food prices made the largest upward contribution to the change in prices from June
Image:

Rising food prices made the largest upward contribution to the change in prices from June

UK inflation soared to 10.1% in July, reaching double digits for the first time in 40 years.

The CPI figures came in above expectations of 9.8%, and up from 9.4% in June. The Office for National Statistics said that rising food prices made the largest upward contribution to the change i...

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