British inflation slows slightly in September Oct 21, 2021 0 0 12345 dpa LondonUK consumer price inflation slowed slightly in September, the Office for National Statistics said on Wednesday.Consumer price inflation slowed slightly to 3.1 percent from 3.2 percent in August.Economists had forecast the rate to remain unchanged at 3.2 percent.Inflation remained well above the central bank’s 2 percent target.On a monthly basis, the consumer price index gained 0.3 percent, following August’s 0.7 percent increase.Prices were forecast to grow 0.4 percent. Core inflation that excludes energy, food, alcoholic beverages and tobacco, slowed to 2.9 percent from 3.1 percent in the previous month.As the inflation is still above the 3.0 percent rate the Bank of England forecast back in August, it is unlikely to significantly reduce expectations that the BoE will raise interest rates before the end of the year, Paul Dales, an economist at Capital Economics, said.Another report from the ONS showed that output price inflation accelerated to 6.7 percent in September from 6 percent. The rate was slightly weaker than the 6.8 percent economists had forecast.On month, the output prices gained 0.5 percent but weaker than the prior month’s 0.7 percent increase.Prices were forecast to climb 0.5 percent.At the same time, input prices grew at a faster pace of 11.4 percent in September following the 11.2 percent rise in August.Economists had forecast the rate to ease to 11.6 percent.Month-on-month, input prices moved up 0.4 percent versus 0.5 percent a month ago, while economists forecast the rate to advance to 1 percent. Pages 1234 RELATED ARTICLES Huawei MatePad T Kids Edition is now available in Qatar Oct 21, 2021 0 0 German Bundesbank’s Weidmann to step down Oct 21, 2021 0 0 Netflix calls Squid Game its 'biggest tv show ever' Oct 21, 2021 0 0 QICDRC’s expanded jurisdiction to include QFZ comes into effect Tribune news network Doha The expansion of the Qatar International Court and Dispute Resolution Centre (QICDRC) jurisdiction to include disputes within Qatar Free Zones as regulated by the Qatar Free Zones Authority, .. Russia’s Gazprom not reacting to increased EU demand: Ursula Brussels: Russian energy giant Gazprom has so far failed to respond to increased demand for gas from the European Union, according to EU Commission President Ursula von der Leyen. “While Gazprom has honoured its .. New apartment prices in China fall for first time in six years Beijing: Prices for new flats in China have fallen for the first time in six years, according to figures released by the National Bureau of Statistics on Wednesday. The figures show that prices in 70 cities across the ..