Consumer prices soar 9.1% in June in steepest rise for 30 years
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Consumer prices soar 9.1% in June in steepest rise for 30 years

Farhin Lilywala
July 13, 2022
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The Consumer Price Index (CPI) recorded a gain of 9.1% in June compared to the same month last year, its biggest rise in 30 years.

The June rise was higher again than the 8.6% increase for the CPI in May.

The eye-popping rise marks the biggest jump in prices since November 1981 and defies expectations of moderating prices.

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Farhin Lilywala
Section Editor, Distribution & Specialty
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