- Consumer-price growth jumped to 1% from 0.6% in August, above the 0.9% forecast by economists and the highest since November 2014.
- The pound’s 18% decline since the U.K. voted to quit the EU is expected to fuel faster inflation in the coming years.
- BoE officials have warned that the pound’s decline will push inflation above their 2% target.
- ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK, QGBR, HEWU
- See chart of UK inflation