Official data show that in October, the UK inflation rate rose to 1.3%, relatively low pick-up in September five years, a 1.2% inflation rate in September.
The National Bureau of Statistics (ONS) said the cause of the month, the rise in the rate of inflation is the traffic cost decline narrowed, especially computer games and toys and other entertainment and cultural industry prices. Bureau of statistics report shows the retail price index at the end of 10 increased by 2.3%, but the data show that food and non-alcoholic beverages in October prices fell 1.4%, furniture and Home Furnishing activities decreased 1.1%, grocery stores fell 0.4%.
Last week, the Bank of England had warned, the future inflation rate in six month may drop to 1%. The central bank's target inflation rate is reached 2%, the current rise slightly does not change the central bank kept its benchmark interest rate unchanged at 0.5%.
The British Broadcasting Corporation Financial Editor Robert Peston said inflation modest growth mainly due to seasonal factors, such as increased student fees and Christmas promotion.
In addition, the British Chamber of Commerce chief economist David Kern said the inflation rate is increased slightly but a substantial decline in crude oil prices will lead to inflation rate low, and said that inflation expectations at the end of 2015 is still floating around 1%.
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