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NIESR Consumer Price Index Shows 3.5% Annual Inflation in September
The Office for National Statistics (ONS) has released a statement indicating that the annual Consumer Price Index (CPI) inflation in September was 3.5%, up from 3.1% in August. Core CPI, excluding energy, food, alcohol, and tobacco, rose to 2.8% in the 12 months to September, up from 2.6% in August. The main driver of September's overall CPI inflation was the transport sector, with diesel and petrol inflation increasing to 35.8% and 25.6%, respectively, from 27.8% and 20.2% in August.