Rising prices impact inflation

THE UK inflation rate rose by 1% in September, up from 0.6% in August, according to latest figures from the Office for National Statistics.

The rate in September was the highest since November 2014, when it was also 1.0%.

The main upward contributors to change in the rate were rising prices for clothing, overnight hotel stays and motor fuels, and prices for gas, which were unchanged, having fallen a year ago.

These upward pressures were partially offset by a fall in air fares and food prices.

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