U.K. Inflation Rate Highest in Three Years


CPI annual inflation stands at 5.2 per cent, up from 4.5 per cent in August. CPI annual inflation has never been higher but was also 5.2 per cent in September 2008.

On the month, consumer prices rose 0.6 percent in September, with electricity and gas surging 10.2 percent, the statistics office said.

By far the largest upward pressure to the change in CPI annual inflation between August and September came from increases in gas and electricity charges. There were also large upward pressures from air transport and communication services

The main downward pressure to the change in CPI annual inflation between August and September came from clothing

Annual inflation as recorded by the retail prices index (RPI) stands at 5.6 per cent in September, up from 5.2 per cent in August. This is the highest RPI annual inflation rate for over 20 years (it was last higher in June 1991 when it stood at 5.8 per cent)


TradingEconomics.com, UK Office for National Statistics
10/18/2011 10:55:25 AM