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UK Inflation Holds at 3.8% for Third Consecutive Month in September

The UK’s inflation rate stayed unchanged at 3.8% in September, marking the third straight month at this level.

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Terms & Concepts
  • Inflation Rate: A measure of the rate at which the general level of prices for goods and services rises over a period, eroding purchasing power.
  • Consumer Price Index (CPI): An index that measures changes in the price level of a basket of consumer goods and services, used to assess inflation.