The FTSE 100 rose 0.19% to close at 10,752.88, a gain of 19.88 points, on Wednesday, while UK annual inflation rose to 3.5% in the 12 months to September 2026 from 3.1% in August. The Office for National Statistics said this was the highest rate since October 2025 and above the 3.4% consensus, with transport, led by motor fuels, the largest contributor; petrol averaged 169.5 pence per liter. Core inflation was 2.8% and services inflation 3.7%. The Independent said SpaceX's $4.4 billion profit lifted sentiment, while Reuters said the inflation surprise restrained the index's advance. The Bank of England's Bank Rate stands at 3.75%, with the next decision due Nov. 5.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: FTSE 100 Gains 0 . 19 % as united kingdom Annual Inflation Reaches 3 . 5 %
Read the original on econotimes.com ↗
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UKinflationinterest ratesfuel prices
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Related tickers and likely impact
GBP/USD
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/21/2026 | 1.33943 |
| Change that session | +0.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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