U.K. Inflation Exceeds 3% Limit for Seventh Month

U.K. inflation exceeded the government’s 3 percent limit for a seventh month in September as higher clothing and food costs kept up price pressures in the economy.

Consumer prices rose 3.1 percent from a year earlier, the Office for National Statistics said today in London. That matched the median forecast of 31 economists in a Bloomberg News survey. Clothing and footwear costs jumped a record 6.4 percent on the month, led by women’s coats and other outerwear.