British inflation remained at 2.7 percent in September but the rise in producer output prices slowed, pointing to an easing in pipeline price pressures. The Office for National Statistics said on Tuesday that annual consumer price inflation was unchanged from August, confounding economists' forecasts for a slight tick-down to 2.6 percent. An increase in air fares did most to boost price growth, while the main downward pressure on inflation came from motor fuels, the statistics office said. Retail price inflation, seen by many as a broader gauge of the cost of living, slowed a notch to 3.2 percent. British inflation ... (full story)