UK inflation rises by more than expected to 3.5% as war drives up fuel prices

Economy The Guardian By Phillip Inman 21 Oct 2026 06:02 1 min read
UK inflation rises by more than expected to 3.5% as war drives up fuel prices

Increase in annual price growth in September comes amid fears rate will breach 4% next year Business live – latest updates UK inflation climbed by more than expected in September to 3.5% after a surge in prices from the conflict in the Middle East that has pushed up the cost of diesel to record levels. In a blow to John Healey before his first budget as chancellor in a week’s time, the Office for National Statistics said annual inflation rose from 3.1% in August. Economists had forecast an inc

In a blow to John Healey before his first budget as chancellor in a week’s time, the Office for National Statistics said annual inflation rose from 3.1% in August. Economists had forecast an increase in the consumer prices index to 3.4%.

Continue reading...

Read the full story on The Guardian → Opens the original article on www.theguardian.com

Summary aggregated from The Guardian's public RSS feed. The full reporting belongs to The Guardian — please read it on their site.