Inflation rate climbs to 3{193b0148ea321fadc734c77a77411744ff00523eb37bb96872a1255c49fbad99} | Mortgage Introducer

The UK inflation rate rose to 3{193b0148ea321fadc734c77a77411744ff00523eb37bb96872a1255c49fbad99} in September – its highest point in over five years. This represented a rise from 2.9{193b0148ea321fadc734c77a77411744ff00523eb37bb96872a1255c49fbad99} in August and means wages are still stagnating. However Governor Mark Carney narrowly avoided having to write a letter to Chancellor Philip Hammond explaining why inflation was more than 1{193b0148ea321fadc734c77a77411744ff00523eb37bb96872a1255c49fbad99} outside the 2{193b0148ea321fadc734c77a77411744ff00523eb37bb96872a1255c49fbad99} inflation target.

Source: Inflation rate climbs to 3{193b0148ea321fadc734c77a77411744ff00523eb37bb96872a1255c49fbad99} | Mortgage Introducer

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