UK inflation hits 9.1% as prices rise at fastest rate for 40 years

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UK inflation hit 9.1% in the year to May as fuel, energy and food prices soar. …

The move was the fifth consecutive rise, pushing rates to the highest level in 13 years. However, when inflation was last at 9.1% in March 1982, interest rates were 13%, Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown said.

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