UK inflation reaches highest level in a decade at 4.2%

Current level overshoots market expectation of 3.9%

clock • 2 min read
UK inflation reaches highest level in a decade at 4.2%

UK annual Consumer Prices Index (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 the housing cost eqivalent, CPIH, accordin...

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