UK inflation returns to record highs after rising to 10.1% in September

MADRID, 19 Oct.

UK inflation returns to record highs after rising to 10.1% in September

MADRID, 19 Oct. (EUROPA PRESS) -

The year-on-year inflation rate in the United Kingdom stood at 10.1% last September, compared to 9.9% registered in August, thus returning to the maximum level that had also been observed in July and which represents the largest increase of prices since 1982, as reported on Wednesday by the British Office for National Statistics (ONS).

The organization indicated that, together with the data registered last July, it is the highest interannual inflation rate registered in a month of the current historical series, which began in January 1997, although the estimation models prior to that date (which no records) suggest that inflation would only have registered a higher level in January 1982.

In the month of September, the year-on-year increase in the price of food and non-alcoholic beverages accelerated to 14.5%, compared to 13.1% in August, while housing supplies increased their cost by 20.2%, two tenths more. On its side, transportation moderated its year-on-year increase to 10.6% from 12% in August.

For its part, the core CPI, which excludes the volatility of energy, food, alcohol and tobacco prices, increased by 6.5% in the 12 months to September, up from 6.3% in August.

In monthly terms, prices registered an increase of 0.5% in the ninth month of the year.

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