The highest inflation rate in the UK in 40 years.

@Stocker 22 June 2022 more from that month

The highest inflation rate in the UK in 40 years. Could this be as a result if the global effect of the Russia/Ukraine war still on going? Wheat and gas are majorly imported from Russia to serve other European countries, so maybe this could be as a result. #Noisecash #Cryptocurrency #Randomthoughts

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6 comments

@Shahzadsomro 22 June 2022

Every country is passing from critical situation of inflation.. I have said that All countries should held conference to control inflation.. War is big issue of inflation
@technicallyproduct 23 June 2022

The sector driving this is "Housing, water, electricity, gas and other fuels" at 19.4% inflation! I think it's a perfect storm of Ukraine, Brexit, and Covid to be honest.
- @Stocker 23 June 2022
  
  You are right. I didn't remember COVID and Brexit did play a great role in that. Though this inflation is not really peculiar to UK alone. Virtually every part of the world is feeling it now.
@Bragato18 22 June 2022

the war abd the sanctions were only the pin that popped the bubble, money printing is always the main cause of inflation through out history but they need a scapegoat to blame
b@bestfriendalice 22 June 2022

So far our highest here in the Phils is 6%.. scary
L@Lawa1988OnNoiseApp 22 June 2022

9.1% that's huge