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10/20/2021, 8:00 AM (Source: TeleTrader)
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UK inflation down to 3.1% in September

The annual inflation rate in the United Kingdom stood at 3.1% in September, the Office for National Statistics reported on Wednesday. In August, the figure was 3.2%.

The Consumer Prices Index (CPI) grew 0.3% in September on a monthly basis. Including owner occupiers' housing costs, the index (CPIH) rose by 2.9% year on year and increased by 0.3% when compared to the previous month.

The rise in the annual inflation rate was primarily attributed to transport, housing and household services, restaurants and hotels and recreation and culture.

Baha Breaking the News (BBN) / MS