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Inflation unexpectedly dips but City says it’s a temporary ‘blip’ and prices will keep rising

Inflation unexpectedly dips but City says it’s a temporary ‘blip’ and prices will keep rising

Rising petrol prices were a big driver of inflation last month / Inflation unexpectedly dipped to 3.1% in September, down from 3.2% in August and slightly below City forecasts. The Office for National Statistics (ONS) said consumer price inflation was 3.1% last month. Economists had expected inflation to remain at 3.2%. The weaker print...

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Andrew Bailey Bank of England City ONS Office for National Statistics

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