https://www.live-feeds.com/feed/uk-inflation-hits-3-1-but-data-offers-some-relief-for-boeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/uk-inflation-hits-3-1-but-data-offers-some-relief-for-boehttps://www.live-feeds.com/feed/uk-inflation-hits-3-1-but-data-offers-some-relief-for-boe#u73042Thu, 17 Sep 2026 16:10:49 +0000UK inflation rose to 3.1%, marking a five-month high. This increase stems from soaring energy costs and higher prices for petrol and diesel. While the jump pressures the Bank of England to raise interest rates this year, some data provides relief for the central bank. In other economic news, UK rents are accelerating, though average house prices in London have fallen £19,000 below their peak. Prime Minister Burnham has stated he will make tough decisions to maintain the economic trajectory.Why it mattersThe Bank of England faces an upcoming rate call to determine how to stabilize prices. Persi