The UK's main measure of inflation has increased on the back of rising oil prices.
Inflation measured on the Consumer Prices Index (CPI) rose from 1.1% in September to 1.5% in October, while the Retail Prices Index (RPI) increased from -1.4% to -0.8%.
The CPI measure is the Bank of Engand's main inflation indicator, and its rise could prompt higher interest rates in the future.
Fuel costs were a major driver of increased inflation as oil prices continued to rise from the lows experienced late last year. Second hand car prices rose at the fastest rate on record and also contributed to the rise in inflation.
City analysts had widely expected a rise in inflation last month, and believe the Bank of England will hold off on raising interest rates until a clear trend is seen.
However, the news may spell an end for increases in the central bank's quantitative easing programme, as further injections of cash could lead to a sharp rise in inflation.
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