Financial News: UK Inflation At 5-Month High

UK Inflation At 5-Month High

09/16/2026 - 02:33:00 (RTTNews)

(RTTNews) - UK consumer price inflation rose to a five-month high in August largely due to higher motor fuel prices, the Office for National Statistics said Wednesday.

Inflation advanced to 3.1 percent from 2.9 percent in July. The rate came in line with expectations.

Meanwhile, core inflation that excludes energy, food, alcohol and tobacco remained unchanged at 2.6 percent in August.

The CPI goods annual rate rose to 2.7 percent from 2.2 percent, while services inflation held steady at 3.4 percent. Transport, particularly motor fuels, made the largest upward contribution to the annual inflation.

Another report from the statistical office showed increases in input and output price inflation. Input price inflation rose to 6.1 percent from 5.8 percent in the previous month. At the same time, annual growth in output prices climbed to 3.7 percent from 3.3 percent.

On a monthly basis, input prices rebounded 0.3 percent after a 0.8 percent fall and output prices moved up 0.7 percent, following July's 0.4 percent increase.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Thirty-Year Bond Auction Attracts Above Average Demand (09 hr(s), 06 min(s), 26 sec(s) ago)
(RTTNews) - Finishing off this week's series of announcements of the results of its long-term ...Full Story»

Cyprus Inflation Climbs To 3-year High (11 hr(s), 33 min(s), 26 sec(s) ago)
(RTTNews) - Cyprus' consumer price inflation accelerated further in September to the highest l ...Full Story»

Croatia Producer Price Inflation Rises To 8.6% (12 hr(s), 03 min(s), 26 sec(s) ago)
(RTTNews) - Croatia's producer price inflation accelerated further in September to the highest ...Full Story»

Latvia Inflation Remains Stable At 3.2% (12 hr(s), 54 min(s), 26 sec(s) ago)
(RTTNews) - Latvia's consumer price inflation held steady in September after rising in the pre ...Full Story»

U.S. Jobless Claims Unexpectedly Dip From Upwardly Revised Level (12 hr(s), 58 min(s), 26 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To 197,000 (13 hr(s), 40 min(s), 26 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»

Irish Inflation Climbs To 4.1%, Highest Since January 2024 (14 hr(s), 15 min(s), 26 sec(s) ago)
(RTTNews) - Ireland's consumer price inflation accelerated further in September to the highest ...Full Story»

Taiwan Trade Surplus Grows In September (15 hr(s), 04 min(s), 26 sec(s) ago)
(RTTNews) - Taiwan's foreign trade surplus increased notably in September compared with a year ...Full Story»