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UK's Annual Inflation Rises to 3.5% in September

MT Newswires·10/21/2026 02:13:49
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02:13 AM EDT, 10/21/2026 (MT Newswires) -- Britain's annual inflation rate climbed to 3.5% in September from 3.1% in August, according to data from the Office for National Statistics published Wednesday. Analysts expected a 3.4% rate for the month. On a monthly basis, consumer prices were 0.4% higher, compared with the 0.5% gain earlier and the market forecast of a 0.3% uptick. Meanwhile, the UK's annual core inflation rate was 2.8%, as expected, compared with the prior 2.6%. Month over month, core consumer prices gained 0.2%, in line with the consensus estimate and against the previous reading of a 0.3% rise.