BBCNEWS BBC News June 4, 2024 19:11:00
Rose to 9.4% last month, the highest rate for 40 years, driven by a leap in the price of fuel and also of basic foods like milk, cheese and eggs. the bank of england has warned inflation could reach as high as 11% later this year. today, the bbc has been focusing on the city of derby, looking at how people are being affected by the cost of living crisis. 0ur economics editor faisal islam reports now on the effects of rising inflation. it is the staples — fuel and food — going up last month, that pushed inflation to a new 40—year high. this is what that means for families in derbyshire an...