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Wise, A. (2026, October 21). UK inflation expected to have accelerated in September after fuel surge. Evening Standard. https://www.standard.co.uk/business/business-news/office-for-national-statistics-bank-of-england-middle-east-international-monetary-fund-deutsche-bank-b1301699.html
Wise, Anna. “UK inflation expected to have accelerated in September after fuel surge.” Evening Standard, 21 Oct. 2026, https://www.standard.co.uk/business/business-news/office-for-national-statistics-bank-of-england-middle-east-international-monetary-fund-deutsche-bank-b1301699.html.
Wise, Anna. “UK inflation expected to have accelerated in September after fuel surge.” Evening Standard, October 21, 2026. https://www.standard.co.uk/business/business-news/office-for-national-statistics-bank-of-england-middle-east-international-monetary-fund-deutsche-bank-b1301699.html.
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As of October 2026, UK inflation is expected to have accelerated significantly in September due to higher fuel and energy costs. Economists predict the Consumer Prices Index (CPI) inflation rate rose from 3.1% in August to an anticipated 3.4% in September. The surge in motor fuel prices, particularly diesel which surpassed £2 a litre for the first time ever, contributed heavily to this increase, according to RAC figures and Pantheon Macroeconomics economists Rob Wood and Elliott Jordan-Doak. Additionally, the end of a temporary summer VAT cut on family attractions such as theme parks and zoos also pushed up prices. This rise in inflation will influence how many benefits are adjusted at the start of October when Ofgem’s price cap on household energy bills increases, leading to higher costs for dual-fuel households over winter.