The UK’s inflation rate rose to 3.5% in the year to September, increasing from 3.1% in the previous period, according to figures from the Office for National Statistics (ONS).
The acceleration was linked to surging fuel prices, which pushed the overall inflation rate higher. The figures were published ahead of the Budget, placing the latest measure of price growth in focus before the government’s statement.
Inflation measures how quickly prices are rising over time. The move from 3.1% to 3.5% indicates that the pace of price increases strengthened during the year to September.
The ONS figures provide the latest assessment of inflation before the Budget. The supplied information does not include further details of the government’s plans or any response to the figures.
