Channel 4 News
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UK economy crippled by inflation - are high prices here to stay?
Posted
April 19, 2023
Views
402,546
Likes
2,610
Comments
2,675
Engagement
1.31%
April 19, 2023
402,546
2,610
2,675
1.31%
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9:23Now PlayingBritain 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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