UK inflation has surged to a fresh 40-year high as fuel and food prices turned the screw on struggling families.
The headline CPI rate climbed to an eye-watering 9.4 per cent in June, up from 9.1 per cent the previous month.
The increase was even bigger than analysts had expected, and sets another peak since February 1982.
To add to the pain for households, the Bank of England has hinted that it will hike interest rates by another 0.5 percentage points to 1.75 per cent next month to combat surging prices.
The CPI rate is predicted to soar to around 11 per cent in the Autumn, when the cap on energy bills is due to rise again.
The Bank's target is for inflation to be just 2 per cent, and new Chancellor Nadhim Zahawi has warned that public sector pay must be restrained to help prevent a disastrous spiral.
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