Surging fuel prices push UK inflation rate to 3.5% ahead of Budget
Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
BBC News reports: Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK, Budget and Office for National Statistics.
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Key details
- Location
- United Kingdom · Europe
- Reported by
- BBC News
- First reported
- Key names
- UK, Budget, Office for National Statistics, ONS
- Section
- Business
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UK inflation jumps to 3.5% — cementing rate hike expectations
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.