Inflation jumps to 3.5% as fuel prices pile pressure on households
UK inflation has climbed to its highest level this year after rising for the third consecutive month.
The rate of inflation increased from 3.1% to 3.5% in September, according to new figures from the Office for National Statistics (ONS).
The increase was slightly higher than economists had forecast, with a rise to 3.4% expected.
Rising fuel prices were among the main factors pushing inflation higher during the month, as pressure on global supplies intensified amid conflict in the Middle East and the continuing Russia-Ukraine ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
