{
  "id": 7735927,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T07:52:04.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/uk-inflation-jumps-to-3-1-in-august-as-fuel-prices-rise/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The UK's annual inflation rate rose to 3.1% in August, up from 2.9%. According to Investing.com, this increase was driven by higher fuel prices, with motor fuel costs making the largest upward contribution to the annual rate.\n\nThe average price of petrol rose 9.1 pence per litre between July and August, to 161.3 pence per litre, the highest since November 2022. Diesel prices rose 14.2 pence per litre, to 181.8 pence per litre. Overall motor fuel prices rose 23% in the 12 months to August, up from 15.5% the previous month.\n\nThe core CPI, which excludes energy, food, alcohol and tobacco, remained at 2.6%, unchanged from July, as per Investing.com. The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose 3.3% in the 12 months to August, up from 3.1% in July, also according to Investing.com.",
  "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 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",
        "published": "2026-09-16T06:12:33.000Z"
      },
      {
        "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": "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": "Punch Nigeria",
        "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-7740244",
        "published": "2026-09-16T08:18:04.000Z"
      },
      {
        "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."
}