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UK inflation jumps to 3.1% as energy costs soar
Customers re-fuel their cars at a petrol station as Brent crude oil prices hit $100 per barrel for the first time since May on July 23, 2026 in London, England. Leon Neal | Getty Images News | Getty Images The U.K.'s annual inflation rate jumped to 3.1% in August, pushed up by surging gasoline and diesel prices. The print, which was in line with economists' expectations, marked the first inflation reading above 3% since March.