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Inflation increases to 3.1% after spike in petrol prices
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2
Coverage
Limited spectrum
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NEWSDECK ANALYSIS
The UK's inflation rate is a key indicator of the country's economic health, influencing decisions on interest rates and monetary policy. A decrease in inflation can have a positive impact on household budgets, as it means the purchasing power of consumers is not being eroded as quickly. The Chancellor's response to the latest inflation figures suggests the government is keen to highlight any positive trends in the economy.
This story is currently only covered by 2 sources from a limited part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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Left
(2)
Evening Standard
Inflation increases to 3.1% after spike in petrol prices
Official statistics showed that Consumer Prices Index (CPI) inflation increased to 3.1% in August, up from 2.9% in July.
16 Sept, 07:02
The Independent
UK inflation falls to 2.6% thanks to lower petrol prices
Newly appointed Chancellor John Healey said falling inflation is ‘news families want to hear’
22 Jul, 06:21
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