U.K. Inflation Rises to 3.5% in September on Energy Costs
Consumer prices rose 3.5% in September, with rising energy costs contributing to the increase, the report says.
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06:50:54 AM UTC
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According to the Office for National Statistics, the consumer price index rose by 3.5% in the 12 months to September, up from 3.1% in August. It was also slightly above forecasts for 3.4%.The largest upward contribution came from transport, particularly motor fuels, with prices in the segment jumpi…
By Don Nico ForbesU.K. inflation rose further above the Bank of England's target in September as policymakers prepare for a meeting that investors expect will yield a first rate increase since the start of the war between the U.S. and Iran.Consumer prices rose 3.5% in September compared with a year…