UK inflation surges to 3.25% with record jump

The inflation rate’s biggest increase since records began in 1997

clock • 2 min read
AJ Bell head of personal finance Laura Suter
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AJ Bell head of personal finance Laura Suter

The UK inflation rate rose to 3.2% in August from 2.1% in July, the biggest increase since records began in 1997.

The rate was driven primarily by restaurants and hotels, recreation and culture and food and non-alcoholic beverages, according to the Office for National Statistics (ONS). However, the ONS also noted...

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