Rising food and fuel costs pushed UK inflation up to an 11-year high of 3.8% in June from 3.3% in May, figures show.
...
The RPI inflation measure - often used as a benchmark in pay negotiations - rose to 4.6% in June from 4.3% in May.
Commenting on the figures, Chancellor Alistair Darling called for wage restraint in order to help rein in price growth.
"We saw what happened in the past when inflation got out of control and people found that every penny they got in a wage increase was swallowed up by food and fuel prices going up," said Mr Darling.
Hey Darling, inflation measures the growth in prices. Why do you never call for price restraint?
No comments:
Post a Comment