UK inflation rises to 3.1% as petrol and air fares climb

Published:

UK inflation rises to 3.1% as petrol and air fares climb
Photo: Alberto Pezzali AP/TT

More expensive gasoline, due to higher energy prices globally in the shadow of the Middle East war, is cited as the main reason. More expensive airline tickets also contributed.

The British pound barely moved after the figures. The increased inflationary pressure in the British economy is in line with the average forecast among analysts, according to Bloomberg.

Core inflation, which excludes food and energy prices, remained at 2.6 percent in August, unchanged from July. This was also in line with expectations.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...