UK inflation hits 3.1% but data offers some relief for BoE
📍 Aftermath
UK inflation rose to a five-month high of 3.1% in September 2026, driven by a near 25% jump in motor fuel prices, according to official data. While the increase pressured the Bank of England to consider further rate hikes, the figures also contained elements that offered some relief to policymakers.
Prime Minister Burnham responded by pledging to take tough decisions to keep the economy on track, as households reported growing financial strain.
Epilogue added 2h ago, after coverage quieted.
Sources (7)
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UK PM Burnham says he will take tough decisions to keep economy on track Reuters · 55d ago broke it first
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'I might have to take a second job' BBC · 55d ago
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UK inflation hits 3.1% but data offers some relief for BoE Reuters · 55d ago broke it first
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