UK Inflation Holds Steady at 3.8% Amid Easing Food Price Pressures
UK inflation held steady at 3.8% in September, defying expectations of an increase. Food prices fell for the first time since May last year, providing some relief to consumers amid the ongoing cost of living pressures.
Inflation Remains Stable Amid Food Price Relief
UK inflation reportedly remained unchanged at 3.8% in September, defying analyst expectations of a rise to 4%, according to Office for National Statistics data. The steady consumer prices index (CPI) reading comes as food prices saw their first monthly decline since May last year, providing some relief to households grappling with cost of living pressures.