Britain's inflation hits new high of 6.2 pct in February

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Britain's inflation hits new high of 6.2 pct in February

STORY: Britain's inflation hits new high of 6.2 pct in February DATELINE: March 24, 2022 LENGTH: 00:02:13 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of England 2. various of gas stations in London 3. various of the supermarket in London 4. various of Camden Market in London STORYLINE: Britain's consumer price index (CPI) rose by 6.2 percent in the 12 months to February 2022, up from 5.5 percent in January, hitting a 30-year high, official statistics showed Wednesday. On a monthly basis, the CPI rose by 0.8 percent in February 2022, compared with a rise of 0.1 percent in February 2021, and it was the largest monthly CPI increase between January and February since 2009, according to the country's Office for National Statistics (ONS). "Inflation rose steeply in February as prices increased for a wide range of goods and services, for products as diverse as food to toys and games," said ONS chief economist Grant Fitzner. Clothing and footwear saw a return to traditional February price ri

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