UK consumer price inflation accelerated more-than-expected in September, to reach its recent high marked in July, led mainly by rising food prices, preliminary figures from the Office for National Statistics showed Wednesday.
The consumer price index rose 10.1 percent year-on-year following 9.9 percent increase in August. Economists had forecast 10.0 percent inflation.
The latest figure is the highest annual CPI inflation rate in the National Statistic series, which began in January 1997, the ONS said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.