Britain witnessed a noticeable rise in the level of inflation last September, with the inflation rate rising by 10.1% by the end of the month, exceeding expectations.
Britain's inflation rate rose in the year to September 2022 as the country's cost of living crisis continued to affect households and businesses ahead of winter, according to British Statistics Office data released on Wednesday.
The forecasts of economists polled by Reuters estimated that inflation in Britain will reach 10% in the month of September.
Inflation in Britain at the end of September returned to its highest level in 40 years, which it recorded before last July, when it reached 10.1%.
The inflation rate in Britain fell unexpectedly to 9.9% last August from 10.1% in July 2022 on the back of lower fuel prices.
Britain has been hit by a historic cost-of-living crisis this year as food and energy prices skyrocket and wage increases fail to keep pace with inflation.
