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| Version 1 | Version 2 |
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| UK inflation rate holds steady at 0.6% | |
| (35 minutes later) | |
| The average cost of everyday household goods and services went up by 0.6% in the year to August. | The average cost of everyday household goods and services went up by 0.6% in the year to August. |
| The UK inflation rate, as measured by the Consumer Prices Index (CPI), was unchanged from July. | The UK inflation rate, as measured by the Consumer Prices Index (CPI), was unchanged from July. |
| Rising food prices and air fares pushed prices higher, the Office for National Statistics said, partly offset by cheaper prices for hotel rooms. | Rising food prices and air fares pushed prices higher, the Office for National Statistics said, partly offset by cheaper prices for hotel rooms. |
| Economists had forecast inflation would rise to 0.7%, predicting the cheaper pound would push prices higher. | Economists had forecast inflation would rise to 0.7%, predicting the cheaper pound would push prices higher. |
| ONS statistician Mike Prestwood said raw material costs had "risen for the second month running, partly due to the falling value of the pound". | |
| But he added there was "little sign of this feeding through to consumer prices yet". | But he added there was "little sign of this feeding through to consumer prices yet". |
| The Retail Prices Index (RPI) measure of inflation dropped to 1.8% in August from 1.9% in July. | The Retail Prices Index (RPI) measure of inflation dropped to 1.8% in August from 1.9% in July. |
| Pricier imports | |
| Separate figures from the ONS suggest inflationary pressures are building for businesses bringing in materials from abroad. | |
| Materials and fuels bought by UK manufacturers rose 7.6% in price, compared with a rise of 4.1% in the year to July - the fastest rise since 2011. | |
| The price of goods leaving the factory also rose 0.8%, compared with a rise of 0.3% the previous month. | |
| Ben Brettell, senior economist at Hargreaves Lansdown, said: "It is clear businesses importing materials from abroad are facing significantly higher costs. These companies must choose whether to absorb the increase or pass it on to consumers. | |
| "Assuming at least some will choose the latter route, this could lead to higher consumer prices down the line." |