UK September CPI rises 3.5% year-on-year, highest in 11 months, on surging fuel prices

UK CPI rose 0.4% month-on-month in September (est 0.3%, prev 0.5%) and 3.5% year-on-year (est 3.4%, prev 3.1%), the highest in 11 months, driven by surging fuel prices ahead of the Budget. Core CPI rose 2.8% y/y (est 2.8%, prev 2.6%), services CPI rose 3.7% y/y (est 3.6%, prev 3.4%), and CPIH rose 3.6% y/y (est 3.5%, prev 3.3%).

Detected & updated continuously · Source: Nebula