UK consumer price inflation slowed slightly in August from a 40-year high on a fall in fuel prices, figures from the Office for National Statistics showed Wednesday.
Consumer price inflation unexpectedly slowed to 9.9 percent in August from 10.1 percent in July. The rate was forecast to rise slightly to 10.2 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.