Rising cost pressures pushed annual inflation up to its highest level in over a year, climbing from 3.1% to 3.5% in the year to September, official data reveals. The latest figures from the Office for National Statistics signal a sharp increase in consumer prices, raising concerns over economic stability. Economists warn the jump could squeeze household budgets further as essential goods and services become more expensive. Full details on the key drivers behind the surge—from energy to food costs—are now available.
Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
