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UK inflation rises to 3.5% in September on surging fuel costs

Outlets agree that surging fuel prices lifted UK inflation to a higher-than-expected 3.5% in September ahead of the upcoming government budget.

a gas pump is connected to a car at a gas station
Illustrative photo · engin akyurt / Unsplash

At a glance

  • UK inflation climbed to 3.5% in the year to September, coming in higher than expected.23
  • Surging fuel prices drove the overall increase in annual price growth.123
  • The acceleration in prices came shortly before an upcoming government budget.13

United Kingdom inflation increased to 3.5% in the 12 months through September.123

The monthly acceleration rose higher than had been expected.23

Rising motor fuel prices served as a primary driver of the increase.123

The uptick in inflation arrived just ahead of the government's upcoming budget.13

Where sources agree

  • UK inflation reached 3.5% in September3 of 3
  • Surging fuel costs drove the inflation increase3 of 3
  • The inflation rate was higher than anticipated2 of 3
  • The data arrived ahead of the government budget2 of 3

Who covered this

2 International1 National

Sources

  1. 1BBC NewsSurging fuel prices push UK inflation rate to 3.5% ahead of Budget ↗
  2. 2CNBCUK inflation jumps to 3.5% — cementing rate hike expectations ↗
  3. 3The GuardianUK inflation rises by more than expected to 3.5% as war drives up fuel prices ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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