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UK inflation rises to 3.1%
The gist
UK annual inflation rose to 3.1% in August, up from 2.9% in July.
The five-month high is driven by fuel, while core inflation held at 2.6%.
How it unfolded
- Aug 2026UK annual inflation rose to 3.1%, up from 2.9% in July, with transport prices up 4.6% and housing and household services up 4.3% year-on-year; core inflation was 2.6%.
- Sep 16, 2026The ONS published the August figures; the FTSE 100 opened up 0.3% at 10,693.33, and the U.S. Federal Reserve announced a quarter-point hike, its first since 2023.
- Sep 17, 2026The Bank of England was widely expected to leave interest rates unchanged.