{
  "id": 7721001,
  "title": "UK inflation hits 3.1% in August as motor fuel prices jump 23%",
  "url": "https://urgent.news/2026/09/16/uk-inflation-hits-3-1-in-august-as-motor-fuel-prices-jump-23",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T06:12:33.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economic-indicators/uk-inflation-hits-31-in-august-as-motor-fuel-prices-jump-23-4902910"
  },
  "original_language": "en",
  "account": "In August, British consumer price inflation reached 3.1% over the past year, as forecasted, with motor fuel costs significantly contributing to the rise, according to the Office for National Statistics. This marks a slight increase from 2.9% in July. On a monthly basis, inflation also matched expectations, with prices increasing by 0.5% in August, up from 0.3% in July. The average petrol price climbed to 161.3 pence per litre, the highest since November 2022, after rising 9.1 pence per litre from July. Diesel prices saw a similar surge, reaching an average of 181.8 pence per litre, up 14.2 pence per litre from July. Overall, motor fuel prices surged by 23% in the year to August, compared to 15.5% the previous month. Core CPI, excluding energy, food, alcohol, and tobacco, remained steady at 2.6%, unchanged from July. The broader CPIH, including owner occupiers' housing costs, rose 3.3% over the past year, up from 3.1% in July.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "August UK inflation report expected to show rising inflation",
        "url": "https://urgent.news/2026/09/16/august-uk-inflation-report-expected-to-show-rising-inflation",
        "published": "2026-09-16T02:00:00.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "UK inflation expected to have risen in August as cost of living squeeze tightens – business live",
        "url": "https://urgent.news/2026/09/16/uk-inflation-expected-to-have-risen-in-august-as-cost-of-living",
        "published": "2026-09-16T05:43:14.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "UK inflation speeds up to 3.1% in August",
        "url": "https://urgent.news/2026/09/16/uk-inflation-speeds-up-to-3-1-in-august",
        "published": "2026-09-16T06:13:12.000Z"
      },
      {
        "outlet": "Ripples Nigeria",
        "title": "Inflation drops to 15.39% for August",
        "url": "https://urgent.news/2026/09/16/inflation-drops-to-15-39-for-august",
        "published": "2026-09-16T07:15:26.000Z"
      },
      {
        "outlet": "Nairametrics",
        "title": "Farm produce inflation hits 21.99% in August, highest this year",
        "url": "https://urgent.news/2026/09/16/farm-produce-inflation-hits-21-99-in-august-highest-this-year",
        "published": "2026-09-16T07:25:47.000Z"
      },
      {
        "outlet": "Punch",
        "title": "UK inflation jumps to 3.1% in August as fuel prices rise",
        "url": "https://urgent.news/2026/09/16/uk-inflation-jumps-to-3-1-in-august-as-fuel-prices-rise",
        "published": "2026-09-16T07:52:04.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "UK inflation jumps to 3.1% in August as fuel prices rise",
        "url": "https://urgent.news/2026/09/16/uk-inflation-jumps-to-3-1-in-august-as-fuel-prices-rise-7739970",
        "published": "2026-09-16T07:53:08.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "UK inflation jumped to 3.1% in August as fuel prices rose",
        "url": "https://urgent.news/2026/09/16/uk-inflation-jumped-to-3-1-in-august-as-fuel-prices-rose",
        "published": "2026-09-16T07:56:00.000Z"
      },
      {
        "outlet": "Daily Post Nigeria",
        "title": "Nigeria’s Inflation: Prices still rising despite August decline – Financial Analyst, Oyedokun",
        "url": "https://urgent.news/2026/09/16/nigerias-inflation-prices-still-rising-despite-august-decline",
        "published": "2026-09-16T09:36:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}