
UK INFLATION ACCELERATES TO 3.1% AGAIN
UK consumer prices rose 3.1% in the 12 months to August, up from 2.9% in July, according to the Office for National Statistics. It's the second straight monthly acceleration, pulling inflation further above the Bank of England's 2% target just as policymakers weigh their next move. The next CPI reading lands October 21, only days before the BOE's November rate decision, leaving funds like $EWU exposed to whichever way the central bank leans.