London,
Dt. 20
Inflation in Britain, already hit by inflation, rose to 9.4 percent in June. Which is the highest level in the last 40 years. Inflation in Britain has increased due to rising food and fuel prices.
According to the figures issued by the National Statistics Office, after 1982 June, Retail inflation is the highest recorded in 2022. It is worth mentioning that May, Retail inflation in 2022 was 9.1 percent.
Russia’s attack on Ukraine has pushed up energy and food prices around the world. Oil due to war, natural gas,
The import-export of grains and edible oil has been hampered.
Meanwhile, Bank of England Governor Andrew Bailey said the central bank is likely to raise interest rates by half a percentage point at its next meeting to curb inflation. December, Interest rates have been increased five times since 2021.
Meanwhile, home sales in America have declined for the fifth consecutive month in June. High mortgage rates and rising house prices have led to a decline in house sales.
According to the National Association of Realtors, home sales fell by 5.4 percent in June. Compared to June last year, house sales have decreased by 14.2 percent. House prices rose in June despite a fall in sales. The national median home price increased by 13.4 percent to 4.00 in June last year,16,000 dollars has become.