UK inflation remains steady at 6.7% in September

The Office for National Statistics said today (18 September) that prices had risen by 0.5% between August and September, matching market expectations. Core inflation, which excludes energy, food, alcohol and tobacco, saw a slight annual decline, rising by 6.1% over the last year compared to 6.2% in August. UK wage growth eases at 7.8% as job vacancies fall The largest downward contributor to inflation was a drop in prices in food and beverages, which fell for the first time since September 2021, as well as furniture and household goods. This fall was offset by rising tra...