UK Inflation Hits Double Digits as Food Prices Spike

Undated file photo showing Sterling notes and coins. Dominic Lipinski/PA Media

The UK’s inflation in July reached 10.1 percent, hitting another 40-year high, official figures show.

According to data published on Wednesday by the Office for National Statistics (ONS), Consumer Prices Index (CPI) in July jumped by 10.1 percent year-on-year, up from 9.4 percent in June.