$GBIRYY -U.K Inflation Rate (August/2026)United Kingdom Inflation Rate YoYECONOMICS:GBIRYYMr_J__fxGBIRYY 3.1% August/2026 +0.3%[ /i] source: Office for National Statistics - The UK’s annual inflation rate rose to 3.1% in August 2026, the highest in five months, in line with market expectations and up from 2.9% in July. Transport costs made the largest upward contribution to the annual rate, with inflation rising to 4.6% from 3.6% in July, driven particularly by motor fuels. Petrol prices rose 9.1 pence per litre from a month earlier to 161.3 pence, while diesel prices increased 14.2 pence to 181.8 pence, pushing motor fuel inflation to 23.0% from 15.5%. Inflation also rose for housing and household services (4.9% vs 4.6%), communication (5.3% vs 5.0%), and recreation and culture (1.6% vs 1.4%). Meanwhile, food inflation was unchanged at 1.3%. Core CPI inflation held at 2.6%, with goods inflation rising to 2.7% from 2.2% and services inflation unchanged at 3.4%. On a monthly basis, consumer prices rose 0.5%, the most in four months, matching forecasts and accelerating from 0.3% in July.