Claims extracted
14
sentences that state something as happening or true
Uncertain
29%
4 of 14 hedged
("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
65/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
6
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
UK inflation expected to have accelerated in September after fuel surge
UK inflation is expected to have accelerated last month as higher fuel and energy costs continue to push up the cost of living, economists think.
asserted
economists → expect → living
The September inflation rate will be watched closely by economists as it is typically used to decide the level that many benefits will increase.
asserted
benefits → watch → level
Most forecasters are expecting the rate of Consumer Prices Index (CPI) inflation to have risen to 3.4% in September, from 3.1% in August, according to a consensus provided by Pantheon Macroeconomics.
uncertain
rate → expect → Macroeconomics
August’s CPI rate came in at 3.1%, which is above the 2% target that the Bank of England is set.
asserted
Bank → come → England
Rob Wood and Elliott Jordan-Doak, UK economists for Pantheon, said they expect higher motor fuel prices to have been a major contributor to higher inflation in September.
asserted
prices → say → September
This is largely driven by diesel, with average prices rising to surpass £2 a litre for the first time ever at the beginning of this month, according to RAC figures.
uncertain
prices → drive → figures
The economists also said prices will have risen after a temporary summer VAT cut on family attractions such as theme parks and zoos ended in September.
asserted
cut → say → September
Sanjay Raja, chief UK economist for Deutsche Bank, said food price rises have been more limited thanks to “fierce” competition between supermarkets to keep prices low for shoppers, but he said this could change from September as the energy shock and extreme weather take effect.
uncertain
shock → say → effect
He also cautioned that the cost of living is set to rise further, with an increase to Ofgem’s price cap on household energy bills kicking in at the start of October, meaning higher prices for dual-fuel households over the winter.
asserted
increase → caution → winter
The International Monetary Fund (IMF) recently warned that cost-of-living crises fall harder on poorer households who dedicate a larger proportion of their income to everyday essentials such as food and energy.
asserted
who → warn → food
Meanwhile, the September inflation rate is typically used to decide the level of increase for many benefits, such as universal credit, tax credits and disability benefits.
asserted
rate → use → credit
This rate is also a key part of the pension triple lock, which is used to decide how much pensions will increase by in the following April.
asserted
pensions → use → April
But the increase is based on either this inflation rate, average earnings growth between May and July, or 2.5%.
uncertain
increase → base → May
State pensions are, therefore, widely expected to increase by 3.9% next year based on wage growth figures which have already been published by the ONS.
asserted
which → expect → ONS