Britain's inflation hits fresh 40-year high as fuel, food prices surge

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Britain's inflation hits fresh 40-year high as fuel, food prices surge

STORY: Britain's inflation hits fresh 40-year high as fuel, food prices surge DATELINE: July 21, 2022 LENGTH: 00:01:34 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): NIKKI, London resident 2. SOUNDBITE 2 (English): PAULA, London resident 3. Various of a petrol station in Edinburgh in June 4. Various of streets in Edinburgh 5. Various of streets in Glasgow 6. Various of London skyline 7. Various of streets in London STORYLINE: Official statistics showed on Wednesday, amid rising prices for motor fuels and food, Britain's Consumer Prices Index (CPI) rose by 9.4 percent in the 12 months to June, hitting a fresh 40-year high. According to the Office for National Statistics, on a monthly basis, the country's CPI rose by 0.8 percent in June 2022, compared with a rise of 0.5 percent in June 2021. SOUNDBITE 1 (English): NIKKI, London resident (Are you seeing the price is going (up) really quickly?) Yes, yes. (Which part of the cost?) Electricity is the main one for most people. So electri

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