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Mortgage Introducer - UK Inflation stays at 6.7%

Mortgage Introducer - UK Inflation stays at 6.7%

Annual inflation rate in the UK remained at 6.7% in September, dividing expert opinion on whether the Bank of England will raise or maintain interest rates again in November.
The latest consumer price inflation (CPI) data published by the Office for National Statistics (ONS) on Wednesday also showed a 6.1% rise in core inflation in the 12 months to September, down from 6.2% in August.
“After last month’s fall, annual inflation was unchanged in September,” reported Grant Fitzner, chief economist at the Office for National Statistics. “Food and non-alcoholic drinks prices eased again across a range of items with the cost of household appliances and airfares also falling this month. These were offset by rising prices for motor fuels and the cost of hotel stays. Experts give their opinions:

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