Rising fuel prices are the main reason for UK inflation exceeding expectations
2026-10-21 14:14:06
According to CoinMeta, as reported by BBC, the inflation rate in the UK in September was 3.5%, slightly higher than analysts' expectations. Rising fuel prices were the main reason for inflation exceeding forecasts, and the recent sharp increase in living costs was largely due to these rising fuel prices. Currently, the average price of unleaded gasoline in the UK is about £1.74 per liter, while diesel is even higher at £1.99, although it has slightly fallen from its historical high of £2 set at the beginning of this month. Since most goods are transported by trucks or vans, the impact of fuel prices is quite significant.
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Source:BBC
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