The UK consumer price index rose 9.9% last month compared to the same month last year.

Although the rate of increase has slowed from the previous month, record levels of inflation continue on rising prices of food and other items.

The consumer price index, released by the British Bureau of Statistics on the 14th, rose 9.9% last month compared to the same month last year.

The rate of inflation slowed to the slowest in 11 months, down from 10.1% in the previous month, the largest in almost 40 years, but inflation remains at record levels.



Looking at the breakdown, "Transportation", which includes fuel costs, increased by 12% compared to the same month of the previous year, but the drop in gasoline prices reduced the growth from the previous month.



On the other hand, the price of "food" increased by more than 13%, which is an even larger increase than the previous month, and the rise in prices of familiar products such as edible oil and milk continues to stand out.



The British central bank Bank of England has decided to raise interest rates for the sixth time in a row to curb inflation last month, but the market has a view that it will strengthen monetary tightening at its meeting later this month.