UK inflation accelerated more-than-expected to a three-month high in October driven by higher clothing and food prices, the Office for National Statistics reported Wednesday.
Consumer prices advanced 0.7 percent on a yearly basis in October, faster than the 0.5 percent increase logged in September. The rate was forecast to rise marginally to 0.6 percent.
Although inflation was the highest in three months, this was well below the Bank of England's target of 2 percent.
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