The economy picked up in August as bars, restaurants and festivals benefited from the first full month without COVID-19 restrictions in England, Morgan says
Core inflation, which excludes energy prices and other volatile items, rose by 1.3% in the 12 months to April, the Office for National Statistics said.
Wednesday's data from the Office for National Statistics showed that producer prices - which tend to feed through into consumer prices later - were 2.6% higher than the year before in February.
The number of redundancies reached a record high of 370,000 in the August-to-October period, although it decreased in October alone, the Office for National Statistics said.