UK inflation jumps as transport costs rise and Eat Out to Help Out ends

Catering services inflation jumped from -2.6% to 0.9%, putting pressure on the consumer prices index, but a bigger contributor to the overall increase came from transport costs. Airline inflation soared from -20.6% to -4.4% as prices fell by less than previous Septembers, while car price inflation improved from 5.2% to 8.9% as second-hand cars saw increased demand due to consumers relying less on public transport. Petrol prices also rose, with expectations this measure will continue to tick upwards, meaning inflation will rise further in the coming months. Capital Economics' chief ...