UK inflation holds steady at 6.7% in September

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The UK’s inflation rate held steady in September at 6.7 per cent, maintaining pressure on the Bank of England to stay firm in its efforts to curb price growth.

The rate of consumer price inflation had been forecast to fall to 6.6 per cent in the 12 months ended September, according to economists polled by Reuters. 

The core rate of inflation, which omits energy and food, eased to 6.1 per cent in the same period — down from 6.2 per cent in August but again slightly higher than forecast by economists.

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