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UK inflation jumps to 3.5% in September, above expectations

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Consumer Prices Index inflation rose to 3.5% in the year to September, up from 3.1% in August and above market expectations, according to the Office for National Statistics. Rising fuel costs, with petrol up 26.5% year on year, were a key factor, reinforcing expectations of a possible interest rate hike in November.

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UK inflation jumps to 3.5% in September, above expectations
Photo: Evening Standard

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