Inflation hits all-time record high as cost-of-living crisis surges
manchestereveningnews.co.ukInflation has hit new records as the cost-of-living crisis surges in the UK, newly released figures have shown. New data released today from the Office for National Statistics show that inflation hit 9% in the year to April, as measured by the consumer prices index (CPI), as energy bills soared during the month.
April’s inflation is an increase from 7% in March, and the highest one-year increase in consumer prices since the CPI records began in 1989. READ MORE: Mum's horror after Range Rover bursts into flames while she was trapped inside The rise last month was driven by an unprecedented surge in energy bills.
Regulator Ofgem decides the maximum that an energy supplier can charge its customers, but the amount is changed every six months.
In April, the change was the highest on record – 54% for an average household – adding several hundred pounds to bills every year.
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