UK’s Sunak: Inflation numbers driven by energy price cap rise in April

UK Finance Minister Rishi Sunak attributes the 9% jump in the Kingdom’s annualized inflation rate to the energy price cap rise in April.

“Today’s inflation numbers are driven by energy price cap rise in April, in turn driven by higher global energy prices. We cannot protect people completely from global challenges but are providing significant support where we can and stand ready to take further action,” Sunak said.

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