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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Asset-backed finance solutions investment manager formally launched

Asset-backed finance solutions investment manager formally launched

Evermill Capital will look to deliver tailored asset-backed financing solutions

Martin Richmond
clock 05 December 2024 • 1 min read
Solving the housing crisis – finding opportunities in 'ignored' cities and towns

Solving the housing crisis – finding opportunities in 'ignored' cities and towns

Underinvested locations are signalling a chronic disparity in supply and demand

Tim Munn
clock 03 December 2024 • 4 min read
The case for pension scheme investment in Bitcoin

The case for pension scheme investment in Bitcoin

A Cartwright-advised scheme has allocated 3% of its assets to Bitcoin… Sam Roberts explains why this move makes sense

Sam Roberts
clock 03 December 2024 • 7 min read
Trustpilot