On October 18, the Office for National Statistics (ONS) said that the UK inflation rate remained at 6 in September..7% unchanged, slightly higher than market expectations。Falling prices for food, non-alcoholic drinks and household goods in the UK were offset by a rebound in fuel prices and hotel accommodation costs in September, according to figures released by the ONS.。

Grant Fitzner, chief economist at the Office for National Statistics, said: "Annual inflation was unchanged in September, following last month's decline.。The prices of a range of goods such as food and non-alcoholic beverages fell again, and the prices of household appliances and airline tickets also fell this month。These factors were offset by higher car fuel prices and higher hotel accommodation costs.。"

ONS data shows that in the 12 months to September 2023, the consumer price index (CPI) rose 6.7%, unchanged from August。In addition, the Consumer Price Index (CPIH), which includes the cost of owner-occupied housing, rose by 6.3%, the same increase as in August。

The biggest impact on the CPI and CPIH chain change was in food and non-alcoholic beverages, whose prices fell monthly for the first time since September 2021.。This was followed by furniture and household goods, whose prices rose less than a year ago.。In terms of the impact of year-on-year changes, vehicle fuel prices have the greatest impact。

In the September inflation data, it is worth noting that the core inflation rate increased from 6 in August..2% down slightly to 6.1%, the lowest level since January, but slightly above market forecasts of 6%。The slight fall in core inflation suggests that the Bank of England may leave interest rates unchanged at its November meeting.。Because the Bank of England's Monetary Policy Committee usually takes core inflation into account when deciding interest rates (excluding food and energy)。Earlier, after 14 consecutive rate hikes, the Bank of England held rates at 5 at its September 21 meeting..25%。

Earlier, a survey of economists showed that a majority of economists believed the Bank of England would leave interest rates unchanged at its November meeting.。

Inflation has been slow to "go down," and the government has had to keep interest rates high even though it has suspended rate hikes.。With this high level of inflation and interest rates, the British people and businesses are suffering.。

Consumer price inflation in the UK remains the highest among developed G7 countries。Other G7 countries, such as France and Italy, had inflation rates of 5 in September..7% and 5.6%。German inflation fell to 4 in September..5%, compared with 6 in previous months.1% has fallen sharply, the lowest level since February 2022。

Britain is teetering on the brink of recession, trade unions warn。Paul Nowak, general secretary of the Trades Union Congress, said: "Bills and prices are still rising, just slightly slower than a year ago.。Other countries have taken decisive action to reduce cost-of-living pressures, but working families and businesses here still face serious hardships.。"

Chancellor of the Exchequer Jeremy Hunt said: "As we have seen in other G7 countries, inflation rarely plummets, and if we stick to our plan, then we expect inflation to continue to fall this year.。Today's news just shows that it's more important so we can ease the pressure on families and businesses。"

This month, Bank of England Governor Andrew Bailey, attending a meeting of the International Monetary Fund in Morocco, said there were clear signs that progress was being made on the UK's high inflation problem, but there was still a lot of work to be done and interest rate decisions would be tightened.。

Huw Pill, chief economist at the Bank of England, said on Monday that falling inflation was not enough to show that work was done and that Britain "still has work to do" in controlling inflation.。

Pill believes that the decline in inflation so far reflects the decline in overall gas prices, which is a relative mechanical effect of the market.。Now the BoE is treating factors such as wage inflation as "lasting components" that are unlikely to ease on their own and could be a much slower process.。Pill also stressed that the central bank should not rush to achieve the 2% target.。

Pill said: "We've done a lot of work in the last two years.。Many of these policies remain to be implemented。Are we doing enough？Or do we have more work to do？I think it's becoming a more finely balanced issue。But we will take the actions that we believe are needed to sustain inflation at 2%。"

Earlier, the UK government made a commitment to bring inflation down to about 5 per cent by the end of the year..The 4% level。

Ian Stewart, chief economist at Deloitte & Touche, said: "Progress in reducing inflation in the UK has proven to be slow, with inflation levels in the UK higher than in any other major industrialised country.。"The persistence of underlying inflation and service price pressures suggests that interest rates are likely to remain close to current levels for much of next year."。"

UK inflation remains sticky, says Sarah Coles, head of personal finance at Hargreaves Lansdown。Mr Coles said petrol and diesel were "canaries in the coal mine," and with higher oil prices moving into the supply chain that could mean inflation is hard to change.。

Coles has a similar view to Stewart, who also believes that stubborn inflation is not necessarily a sign of readiness to raise interest rates, but it is likely to mean that interest rates will remain high for a longer period of time, and if there are more signs that price pressures are not easing, it will indicate that the UK may need to raise rates again。