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UK inflation returns to 40-year high of 10.1pc

London | Soaring food prices drove UK inflation back into double digits in September, adding to pressure on the government and central bank to act.

The Consumer Prices Index rose 10.1 per cent last month from 9.9 per cent the month before, the Office for National Statistics said on Wednesday. That matched a 40-year high reached in July and exceeded economists’ expectations for 10 per cent.

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    Original URL: https://www.afr.com/policy/economy/uk-inflation-returns-to-40-year-high-of-10-1pc-20221019-p5br70