GMB announce inflation rose above target to 2.2% in July Richard Madeley made a breaking news announcement during Wednesday's Good Morning Britain. Sitting alongside Trisha Goddard, Richard shared the latest inflation figures with viewers.
As the "breaking news" banner appeared behind the duo, Richard said: "The figures have literally just come in." He went on: "Inflation did go up 2.2 percent last month that's according to official figures published in the last few seconds.
"It's the first rise since December and it's above the Bank of England's target of two percent showing the cost of living crisis is not over yet." Trisha weighed in: "Meanwhile, a report reveals that the price of cheaper brands of groceries has risen much faster over the last few years than the expensive ones. "Of course, that has hit lower-income households the hardest.
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1 percent of inflation to more norm.