UK inflation hits 4.5% in August

• By Joe
• Posted in Inflation, Investments, Pensions, Savings
• On September 13, 2011
• No Comments.

Inflation in the UK rose to 4.5% in August on the government’s preferred consumer prices (CPI) measure, up from 4.4% in July.

The broader retail prices index (RPI) showed a rise to 5.2% in August, up from 5% in July.