UK inflation rises to 3.8% in July

Core CPI also up to 3.8% The UK Consumer Prices Index (CPI) rose to 3.8% in the 12 months up to July 2025, according to data from the Office for National Statistics (ONS), up from 3.6% in June. This figure exceeded market forecasts, as economists surveyed by Reuters had anticipated a 3.7% figure instead. Core CPI rose by 3.8% year on year …

UK inflation unexpectedly rises to 3.6% for June

Increases from 3.4% in May UK inflation rose to 3.6% in June, according to data from the Office for National Statistics, up from 3.4% in May. This figure came in above expectations from economists polled by Reuters, who had forecast the UK Consumer Prices Index (CPI) would remain unchanged from last the previous month.  Month-on-month, alcohol and tobacco saw a significant …

UK inflation falls again

After a long stretch of economic unease, UK inflation has continued its downward trajectory, with the Consumer Prices Index (CPI) falling to 2.6% in the year to March, according to the latest inflation figures from the Office for National Statistics (ONS). This marks the second consecutive monthly decline and comes in lower than market expectations — a welcome development for households and …

Inflation rises to 3% in January

The higher-than-expected rise adds to the Bank’s challenges when considering interest rates. UK consumer prices index (CPI) inflation rose to 3% in January, an above-expectation increase that adds to the Bank of England’s challenges in managing monetary policy.  According to the Office for National Statistics, rising petrol and food costs drove inflation. Private schools passing on VAT bills to parents …

Bank of England slashes interest rates by 25bps to lowest level in 18 months

First MPC meeting of the year The Bank of England’s (BoE) Monetary Policy Committee has cut interest rates by a quarter point, from 4.75% to 4.5%. Seven MPC members voted in favour of the interest rate cut, while two preferred a 50bps snip. The Bank argued that over the past two years, there has been a “substantial progress on disinflation …

UK inflation lowers to 2.5% in December

Down from 2.6% in November The UK Consumer Prices Index (CPI) dropped to 2.5% in December, below FactSet’s consensus of 2.8% for the month. According to data from the Office for National Statistics today (15 January), the downward trend was driven by restaurants and hotels, with the latter recording a 1.9% decline in prices over the month, as opposed to …