UK inflation rate "9.1%" in May ... Highest in G7

Inflation has caused dark clouds in the global economy, and the UK's consumer price index has risen to 9.1%, the highest in 40 years.

The UK Statistical Office (ONS) announced on June 22nd (local time) that "the consumer price index in May rose 9.1% compared to the same month last year." This is the highest rate of increase since March 1982.

In the UK, the consumer price index in March was 7.0% and April was 9.0%, showing a sharp rise.

"The Bank of England (BOE), the central bank of the United Kingdom, will strongly deal with rising prices," said UK Treasury Minister Rishi Sunak.

According to Reuters, the UK's inflation rate in May is expected to be higher than the G7 (7 major countries) such as the United States, France, Germany and Italy, and seemingly higher than Japan and Canada, which have not yet released figures.