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UK inflation rate rises to 5.2%

Tuesday, October 18th, 2011
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Breaking News

The UK’s inflation rate rose in September, with the Consumer Prices Index measure reaching 5.2%, up from 4.5% in August.

An increase in energy costs was behind a large proportion of the rise in the inflation rate, analysts said.

The Retail Prices Index measure – which includes mortgage interest payments – rose to 5.6% from 5.2% in August, the Office for National Statistics said.

The Bank of England’s target rate for CPI is 2%.

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Source : http://www.bbc.co.uk/go/rss/int/news/-/news/business-15344297
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