UK’s Consumer Prices Index (CPI) rose by 9.4 per cent in the 12 months to June 2022, up from 9.1 per cent in May, according to the Office for National Statistics (ONS). The annual rate for clothing and footwear in the country was 6.1 per cent in the year to June 2022, down from 6.9 per cent in May. Prices were little changed on the month in 2022 but rose by 0.8 per cent between May and June 2021.Clothing and footwear prices normally fall at this time of year as the summer sales season begins, but there was little movement in 2022 and, in 2021, prices were still rising following the end of the coronavirus lockdown, the ONS said.
On a monthly basis, CPI rose by 0.8 per cent in June 2022, compared with a rise of 0.5 per cent in June 2021.
UK's Consumer Prices Index (CPI) rose by 9.4 per cent in the 12 months to June 2022, up from 9.1 per cent in May, according to ONS. The annual rate for clothing and footwear was 6.1 per cent in the year to June 2022, down from 6.9 per cent in May. Prices were little changed on the month in 2022 but rose by 0.8 per cent between May and June 2021.#
ALCHEMPro News Desk (KD)