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Join by Katie Bulls and Kate Andrews.

So Kate today we had new inflation data out except it wasn't so new because that's actually

the same as the previous months wasn't it? Tell us more.

Yeah so inflation on the year to September has stuck at 6.7% the same rise as we saw in August.

This month's figures are less pressing than next month's figures because the new off-gem

cap will have come in lowering what the average family will be paying in terms of their energy

pills by about 150 pounds. So it is expected that in October you will see inflation continue

to fall and Chancellor Jeremy Hunt has been leading on this point that inflation rarely comes

down in a linear line and you know we saw some fluctuation back at the start of the year when

inflation actually rose slightly before it started to come down at a much faster pace.

So the idea that here's a bit of a blip is I don't think immediately going to panic the government

or the Bank of England but the big question around inflation sticking on the year in September

is what this means for the next monetary policy committee meeting when they vote on whether

they're going to raise rates again. The governor of the Bank Andrew Bailey made clear last week

that these are going to be tight votes. The last vote we saw to hold rates was voted 5 to 4 so

there was clearly disagreement on the committee about what to do with the other four people voting

to actually raise rates again by no point to 5%. They're going to be looking at a host of things.

They'll be looking at this month's inflation data. They'll be looking at expectation.

...