Reuters reports that British health minister Sajid Javid, a former finance minister, said he thought the 3.2% jump in inflation in August was probably a temporary increase but keeping an eye on inflation would make sense for governments around the world.
"My view is I think it is probably a temporary increase. We are globally seeing an increase in inflation and that is something that, for any government, they're going to have to take account into future spending plans," - Javid said.