UK CPI inflation rises to 3.1% in August
UK CPI increased to 3.1% year-on-year in August from 2.9% in July. ONS said transport, especially motor fuels, provided the largest upward contribution; fuel prices rose 23% year-on-year to August versus 15.5% the prior month.
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9% in July. The ONS said transport, especially motor fuels, was the biggest upward driver of the change in CPI. 5% gain in the previous month.