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Inflation: Is the cost of living crisis still with us?

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The rate of inflation failed to nudge downwards as expected last month, remaining at an annual rate of 6.7%, according to official figures.

The headline consumer prices index (CPI) measure had been predicted to slow to 6.6% in September by a poll of economists.

The higher than expected number - largely a consequence of rising fuel prices - hangs over the government's target of halving inflation this year.

Sky's Economics and Data Editor Ed Conway has been analysing the figures.

Read more: https://news.sky.com/story/inflation-rate-stuck-at-6-7-in-september-12986234

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Category
World
Tags
Sky News, Sky, Bank of England
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