🔻 Inflation rate in Britain reaches 3.5% in September

Based on official figures released, the annual inflation rate in Britain rose more than expected in September, increasing from 3.1% in August to 3.5% in September.

According to a Reuters survey of economists, it was expected that, as prices for energy rise further due to the war in Iran, consumer price inflation would average 3.4%.

Britain has been hit harder by the war in the Persian Gulf compared with most Western countries because it has a high dependence on natural gas imports.