OECD inflation soars to eight-year high
The OECD data showed annual inflation rose from 3.9% in May to 4.4% last month on the back of soaring energy and food costs.
Consumers' energy costs were up by almost a fifth (19.3%) in the year to June. Food bills rose by an average of 6.5%. The OECD said consumer prices rose by 2.2%, discounting for food and fuel costs.
Out of the 30 OECD
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