Business
UK inflation rises to 3.1% as motor fuel prices surge
September 16, 2026 at 06:59 AM
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5 reports · 1 in Arabic, 4 in English · over 137372 hours
UK inflation accelerated to 3.1% in August, pushed above the Bank of England's target by sharp rises in petrol, diesel, and airfares.
- The Office for National Statistics said inflation rose from 2.9% in July to 3.1% in August, with motor fuel prices up 23% year-on-year.
- Petrol rose 9.1p to 161.3p a litre, the highest since November 2022, while diesel climbed 14.2p to 181.8p.
- The Bank of England, whose rate stands at 3.75%, meets Thursday to decide whether to change it amid rising inflationary pressure.
- Chancellor John Healey said the Middle East war was driving up inflation and that the government had cut electricity tax and capped bus fares as early action.




