On October 21, local time, the latest data released by the UK Office for National Statistics showed that the UK consumer price index rose 3.5% year on year in September, up from 3.1% in August, and the level of inflation rose further. The UK Office for National Statistics said that the rise in transportation costs, especially the rise in motor fuel prices, was the main factor driving up the inflation rate in September. Currently, the UK inflation rate is still higher than the 2% inflation target set by the Bank of England. The British government plans to release a new budget on October 28.

On October 21, local time, the latest data released by the UK Office for National Statistics showed that the UK consumer price index rose 3.5% year on year in September, up from 3.1% in August, and the level of inflation rose further. The UK Office for National Statistics said that the rise in transportation costs, especially the rise in motor fuel prices, was the main factor driving up the inflation rate in September. Currently, the UK inflation rate is still higher than the 2% inflation target set by the Bank of England. The British government plans to release a new budget on October 28.