UK inflation jumps to 3.5% — cementing rate hike expectations

U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.

# UK inflation jumps to 3.5% — cementing rate hike expectations U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels. **Read the full article:** [CNBC](https://www.cnbc.com/2026/10/21/inflation-uk-cpi-interest-rates.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*