UK consumer price inflation, measured by CPIH, rose 3.6% in the 12 months to September 2026, up from 3.3% the previous month. CPI rose 3.5%, up from 3.1%, with transport, particularly motor fuels, making the largest upward contribution to the monthly change. Core CPIH rose 3.1% and core CPI 2.8%.
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Euro area annual inflation is expected to reach 3.8% in September 2026, according to a flash estimate from Eurostat. That is up from 3.2% in August.
The idea that a dart-throwing monkey could beat most professional investors is not true because the stock market has far more losers than winners among individual companies. Through Thursday's close, the S&P 500 was up more than 13% on the year.
Total mortgage application volume dropped 1.5% for the week ending September 18, per the MBA. Refinance demand fell 3% and was 62% lower than a year earlier, while purchase activity was 1% lower week-over-week. The 30-year fixed rate rose to 7.12%, and ARMs increased to 9.8% of application volume.
