Economic Indicators

UK inflation rises by more than expected to 2.3% in October

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2024.11.20 02:23

© Reuters. FILE PHOTO: A tourist shelters from the rain under an Union Jack umbrella near the Bank of England in the City of London financial district in London, Britain, February 13, 2024. REUTERS/Isabel Infantes/File Photo

LONDON (Reuters) – British inflation rose to an annual rate of 2.3% in October from 1.7% in September, official figures showed on Wednesday.

A Reuters poll of economists had pointed to a reading of 2.2% as a rise in regulated domestic energy prices added to overall price growth.

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