Noting that country has not yet seen summit level of snuff, Carney said bank's primary mission was to realize inflation target, which is 2 percent.
The CPI data this morning revealed that prices of consumer goods, boosted by food and transport, are climbing at their highest rate since 2012.
'Inflation rising potentially above the 3% level in coming months is something that we have anticipated.
Dave Ramsden, the new deputy governor of the Bank of England said that he was not in support of voting for an interest rate hike, calling into question when the BoE will implement its first interest rate hike in over ten years.
Though he's spared that letter-writing, Carney and the others at the bank's rate-setting panel are expected to raise the benchmark rate by a quarter percentage point from the record low of 0.25% at the next policy meeting on November 2.
"Today's release has all but rubber-stamped a rate hike from the central bank at their next meeting", said David Cheetham, chief market analyst at online trading firm XTB. Much of the increase however has been caused by the fall in the value of the pound since last year's Brexit vote which is likely to be a temporary driver of price increases. However, the headline inflation move was not matched in the RPI, with the annual rate here holding at 3.9 percent in September, slightly weaker than consensus expectations. Meanwhile, monthly input price inflation eased notably to 0.4 percent from 2.3 percent.
Carney and another new member of the BoE's Monetary Policy Committee, Silvana Tenreyro, were also due to speak to the Treasury Committee in parliament later on Tuesday. "We will be back to normal, let's say, in terms of the trade-off without that depreciation effect". When inflation rises, it's more likely the central bank will raise interest rates to help slow the pace of inflation.
Speaking in United Kingdom parliament, Carney said loss of value in pound since European Union (EU) referendum has caused inflation to increase, " infusion is potentially over 3 per cent of next months.