Channel 4 News published this video item, entitled “Cost of living: Inflation hits 40-year high as food prices rise” – below is their description.
Inflation is the bad news that keeps on coming. Today’s figures show that it has crept up again to just over 9 per cent, the worst in four decades.
But behind that headline number others even more alarming ones lurk – like a 32 per cent increase in the price of petrol and double digits for staple foods like bread and meat.
Inflation is a global ogre but it is worse here than in the rest of the G7 and is expected to last longer. It has also hits the poorest hardest. So what now?
Channel 4 News YouTube Channel
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