
Core CPI inflation reached 3.4%, up from 2.9% in September, with CPIH inflation rising to 3.8% from 2.9%.
UK annual CPI inflation reached 4.2% in October, its highest level since November 2011, and up from 3.1% in September.
While CPI overshot market expectations of 3.9%, inflation outstripped the consensus across core CPI (which excludes energy, food, alcohol and tobacco) and CPIH (including housing costs), according to Daniel...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes