{"id":492300,"date":"2022-05-19T09:07:53","date_gmt":"2022-05-19T03:37:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=492300"},"modified":"2022-05-19T09:41:36","modified_gmt":"2022-05-19T04:11:36","slug":"uk-inflation-hits-9-highest-since-1982-as-food-and-energy-prices-soar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uk-inflation-hits-9-highest-since-1982-as-food-and-energy-prices-soar\/","title":{"rendered":"UK inflation hits 9%, highest since 1982 as food and energy prices soar"},"content":{"rendered":"<p>British inflation leapt last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up help for households facing a worsening cost-of-living crisis.<\/p>\n<p>Consumer price inflation hit 9% in April, the Office for National Statistics said, surpassing even the peaks of the early 1990s recession that many Britons remember for sky-high interest rates and widespread mortgage defaults. <\/p>\n<p>A Reuters poll of economists had pointed to a reading of 9.1%. <\/p>\n<p>Sterling fell after the data and was down by 0.4% against the U.S. dollar.<\/p>\n<p>Soaring energy bills were the biggest driver of price growth in April, reflecting last month&#8217;s increase in regulated energy tariffs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British inflation leapt last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up help for households facing a worsening cost-of-living crisis. Consumer price inflation hit 9% in April, the Office for National Statistics said, surpassing even the peaks of the early 1990s recession that many Britons remember for sky-high interest rates and widespread mortgage defaults. A Reuters poll of economists had pointed to a reading of 9.1%. Sterling fell after the data and was down by 0.4% against the U.S. dollar. Soaring energy bills were the biggest driver of price growth [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-492300","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/492300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=492300"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/492300\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=492300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=492300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=492300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}