UK inflation slowed more-than-expected in September on falling food prices, giving space for the Bank of England to wait-and-watch for the outcome of Brexit negotiations.
Consumer price inflation eased to 2.4 percent from 2.7 percent in August, figures from the Office for National Statistics showed Wednesday.
The rate was also below the expected 2.6 percent. Despite a bigger-than-expected fall, inflation still remains above the central bank's 2 percent target.
For comments and feedback contact: editorial@rttnews.com
Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.