Inflation in Britain Rises 10.1 Percent, Driven Higher by Food Prices
Consumer prices in Britain rose 10.1 percent in September from a year earlier, continuing their steep climb as the nation grapples with rapidly increasing food prices, high energy costs and political uncertainty.
The annual inflation rate returned to its fastest pace since 1982, matching the pace set in July. It rose from 9.9 percent in August. Inflation was expected to peak next month, at a slightly higher rate, but a reversal in the government’s policy to hold down household energy bills has made the future path of prices even more uncertain.