UK in­fla­tion reaches two-year high in Sept

China Daily (Canada) - - BUSINESS -

The UK in­fla­tion rate as mea­sured by the Con­sumer Price Index rose to a nearly two-year high of 1.0 per­cent in Septem­ber, up from 0.6 per­cent in Au­gust, the Of­fice for Na­tional Sta­tis­tics re­vealed on Tues­day. Ac­cord­ing to the ONS, ris­ing prices for cloth­ing, ho­tel rooms and petrol led to the high­est rate of in­fla­tion since Novem­ber 2014, when it was also 1.0 per­cent. Cloth­ing saw­its big­gest price rise since 2010 and fuel, which was fall­ing a year ago, was also more ex­pen­sive. Th­ese up­ward pres­sures were par­tially off­set by a fall in air­fares and food prices.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.