UK inflation hits successive new highs

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UK inflation hits successive new highs

STORY: UK inflation hits successive new highs DATELINE: Sept. 1, 2022 LENGTH: 00:06:27 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): ZHAO XIAONA, Xinhua correspondent 2. SOUNDBITE (English): FRANCIS, London resident 3. SOUNDBITE (English): KIKI, London resident 4. various of the UK supermarkets STORYLINE: STANDUP (English): ZHAO XIAONA, Xinhua correspondent "Inflation in Britain has hit successive new highs this year. The annual CPI surged by 10.1 percent in July, the highest level in 40 years. However, higher energy prices are expected to push the UK's inflation to 13 percent in the fourth quarter of 2022. An official report in August said, around nine in 10 adults reported their cost of living had risen. Around three-quarters of adults reported being very or somewhat worried about rising costs of living." Experts warned that inflation could rise even further, alongside a huge increase in the energy price cap. In late August, Britain's energy regulator announced that, the cap for av

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