UK inflation accelerated further in September

Tue, Oct 14 2008, 08:49 GMT
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FXstreet.com (Barcelona) – Consumer prices have accelerated their year on year growing pace in September, while the Core CPI has risen somewhat above the 2.0% maximum level of the bank of England’s margin for price stability, according to data released by National Statistics.

Consumer prices have accelerated their year on year growing pace to 5.2%, from the 4.7% increase posted in August. Month on month, consumer prices have increased 0.5%, somewhat below the 0.6% increase posted in August.

The ore CPI has accelerated to a 2.2% year on year increase, above the Bank of England’s established 2.0% maximum level of the “Margin for Price Stability”.

Retail prices index has increased 0.3% in September, twice as fast as August’s 0.3% increase. Year on year, RPI has gone 5.0% up in September, from 4.8% in October.

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