UK inflation stays higher than expected after oil price jump

The Consumer Prices Index rose 6.7% from a year earlier, the same pace as the previous month, the Office for National Statistics said.
UK inflation stays higher than expected after oil price jump

Economists had been expecting inflation to fall back to 6.6%.

UK inflation failed to slow as forecast in September as rising oil prices offset downward pressures from food costs.

The Consumer Prices Index rose 6.7% from a year earlier, the same pace as the previous month, the Office for National Statistics said.

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