Britain's Inflation Rate Rose To 4.4% In July.

Statistics released by the National Bureau of statistics on 16 may show that in July, the UK's annual consumer price index rose by 4.4%, an increase of 0.2 percentage points over June.

According to analysis, that month

In addition, the British retail price index in July

It is reported that July inflation data will be used as the basis for the increase in the UK's train tickets.

According to the British government's calculation, the price of train tickets will rise by an average of 8% next year.

Mervyn Kim, governor of the Central Bank of England, attributed the high inflation rate to the rise in consumption tax, the rise in international energy prices and the higher import prices.

He stressed that the biggest risk facing the British economy is from abroad.

The latest quarterly inflation report released last week by the Bank of England expects that inflation in the country will continue to rise in the fall, which may hit a 5% high, but is expected to fall back to the 2% ceiling set by the central bank in two years.

In the 42 months ended July, the UK consumer price index has risen 36 months above this inflation target.

At the beginning of this month, the Bank of England decided to lead.