Headline figures show a low level of inflation for September but a look at the breakdown shows something else is going on
The big jumps are in housing (mortgages up/rents down), utilities and education. Meanwhile retailers are still seeing deflation. Not the best combination from a business point of view as input costs in terms of overheads (utilities, transport, communication) are rising but receipts from sales are still falling. Education up 9.5% is a big leap.