UK consumer price inflation rose 3.5% year on year in September, above the 3.4% forecast and up from 3.1% in August, the Office for National Statistics said. It is the highest rate since last October. Elevated motor fuel prices linked to the Middle East conflict were a key driver. The data reinforces expectations that the Bank of England will raise interest rates next month.
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Original headline: UK Inflation Rises To 3 . 5 % On Energy Costs ; Bolsters Rate Hike Case
Read the original on rttnews.com ↗
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Related tickers and likely impact
GBP/USD
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/20/2026 | 1.33800 |
| Change that session | +0.57% |
DXY
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/20/2026 | 101.70 |
| Change that session | -0.28% |
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