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UK inflation jumps to 3.1% in August as fuel prices rise

Britain’s annual inflation rate rose to 3.1% in August, up from 2.9%, driven by higher fuel prices linked to the Middle East war, official data shows. Read More: https://punchng.com/uk-inflation-jumps-to-3-1-in-august-as-fuel-prices-rise/

UK inflation jumps to 3.1% in August as fuel prices rise

Britain's annual inflation rate rose to 3.1% in August, up from 2.9%. According to Punch Nigeria and Punch, this increase was driven by higher fuel prices linked to the Middle East war.

The Consumer Prices Index rose 3.1 percent in the 12 months to August, as reported by Business Recorder, who also stated that this was in line with analysts' expectations.

The Office for National Statistics is the source of the data, as mentioned by Business Recorder.

Brief written by urgent.news from Punch Nigeria, Business Recorder, Punch — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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