{"content":"What to expect from rate cut delay as UK inflation steady at 3.8% in September? UK inflation holds steady at 3.8% amid mixed price trends The latest data from the Office for National Statistics shows that the UK’s annual inflation rate remained steady at 3.8% in September, holding for the third consecutive month. This level is below the Bank of England’s (BoE) earlier forecast peak of 4%, yet still significantly above the central bank’s 2% target. Core inflation, which strips out volatile components like energy, food, alcohol, and tobacco, rose by 3.5%, slightly down from August’s 3.6%. Price movements in specific sectors have contributed to the overall picture. Petrol and airfare prices, while easing compared to last year, still drove inflation upward, whereas recreational and cultural activities, as well as food and non-alcoholic beverages, saw modest price declines. These conflicting trends show that inflation might be near its highest point, but it’s likely to stay elevated for a while because of slow productivity growth and steady wage increases. $BTC {future}(BTCUSDT) #APRBinanceTGE ","images":[],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}