LONDON (Reuters) – British inflation surged last month to its highest level since March 2012, official data showed on Wednesday.
Consumer prices rose by 3.2% in annual terms after a 2.0% rise in July, marking the sharpest increase in the annual rate since detailed records started in 1997.
A Reuters poll of economists had pointed to a reading of 2.9% for August.
(Reporting by Andy Bruce; Editing by Kate Holton)
