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June 13.1975-UK inflation rate hit the highest in Europe

Show:1278 times , datetime:2024-11-04 21:28:11

On the fourth day of May (YiMao years), June 13, 1975, the British inflation rate hit the highest in Europe. Reference June 1975, the the struggling Wilson government has been widely criticized due to rising inflation. The newly released figures show that the annual inflation rate has reached 25%, the highest in Europe, which further blow by the Wilson government.

Wilson prime minister to rely on convincing rather than relying on the legal constraints to limit the unions' demands, but released the day melancholy news strongly suggests that it does not work, relying on voluntary wage restraint practices. Wilson's aides have admitted that there is no magic recipe, they hope, people the terrorist can reduce unemployment union expectations.

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