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| LON: CNA, LON: NG., LON: SHEL, Stocks Report |
During June, the UK recorded its highest level of inflation in 40 years, reaching 9.4%.
There have been new highs in the market every month for the past few months, and it is expected to rise even higher in the future.
As a result of the inflationary pressures and a gloomy economic outlook, investor confidence has taken a hit.
Furthermore, there is also the fear of a recession adding to the woes of the economy.
Check list of high inflation stocks in UK