The rate of Consumer Prices Index (CPI) inflation in the UK matched its record high in September, rising to 5.2% from 4.5% the month before. An increase in energy costs was behind a large proportion of the rise. The 5.2% rate is the highest CPI measure since September 2008, and it has never been higher since the CPI measure was introduced in 1997.
The Retail Prices Index (RPI) – which includes mortgage interest payments – rose to 5.6% from 5.2%. The latest RPI measure is the highest annual rate since June 1991.
Source: BBC
