business
4 min read•Sep 16, 2026
UK Inflation Rises to 3.1% as Petrol and Diesel Prices Surge
Consumer price inflation in the UK reached its highest level in five months, with motor fuel prices rising **23% compared with August last year**. Average petrol prices increased by 9.1p per litre between July and August to 161.3p, while higher global oil prices continued to feed into transport costs. Economists are warning that further increases could emerge as businesses absorb rising energy expenses.
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