Figure returns to double digits in September, with households under pressure from cost of living crisis
(The September figures are the ones normally used for the inflation uplift to pensions and benefits, though Liz Truss is flip flopping on this manifesto pledge – Owl)
Richard Partington www.theguardian.com
Inflation in the UK has risen above 10% for the second time this year as households come under mounting pressure from sky-high energy bills and rising food prices amid the cost of living crisis.
The Office for National Statistics said the consumer prices index rose to 10.1% in September, returning to double digits after a slight dip to 9.9% in August. The figure was last higher in 1982.
City economists had forecast a modest increase to 10%.