UK CPI inflation rises to 3.1% in August
The annual rate increased from 2.9%, with transport, especially motor fuels, making the largest upward contribution.
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The annual rate increased from 2.9%, with transport, especially motor fuels, making the largest upward contribution.
The H2 survey found confidence broadly unchanged while perceived high-impact event risk increased.
ONS says the early figure was 0.5% lower than a year earlier; survey-based unemployment remained 4.9%.
Both input and output producer-price inflation increased as petroleum products pushed on costs and selling prices.
ONS says borrowing was about a fifth higher year on year as spending grew faster than receipts.
HMRC’s provisional 2024–25 estimate shows relief up 5% and claim numbers down 17%, with new schemes appearing in the series.
The monthly recovery followed a July fall, while sales volumes gained 0.9% over the latest three-month period.
HMRC set the excise rate at £2.20 per 10 ml, including for liquids without nicotine.
The CPI increased 0.4% in August, with gasoline contributing more than one-third of the monthly rise.
BLS reports a stronger monthly gain alongside an unchanged 4.1% unemployment rate.
Proposed rules would let eligible sellers pay 25% of the relevant tax liability in each of four annual installments.
BLS reports little monthly movement in openings, hires and separations in its July labour-turnover survey.
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