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August’s 3.1% inflation triggers Bank–Treasury letters
The Bank of England governor and the chancellor exchanged published letters after UK consumer-price inflation reached 3.1% in August.
The correspondence is dated 17 September. Such letters are required when inflation is more than one percentage point away from the target. This is a report of the measured rate and official response, not a forecast.
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HM Treasury ↗ (opens a new tab)UK public-sector announcement, independently condensed. Announced plans are distinguished from outcomes. Contains public sector information licensed under the Open Government Licence v3.0.
Open Government Licence v3.0AI-assisted original summary, checked against the linked source on 20 Sept 2026, 01:14 BST. Illustration is AI generated and does not document the event.
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