Tag: ONS

Inflation Falls to 2.8% in April 2026: What It Means for Interest Rates and Mortgages Inflation fell to 2.8% in April 2026, down from 3.3% in March, bringing it closer to the Bank of England’s 2% target. While this is a positive sign for the wider economy, the picture remains mixed, with some household costs… Read more

Inflation Update March 2026: CPI Rises to 3.3% as Fuel Costs Drive Increase Inflation picked up again in March 2026, with the Consumer Prices Index rising to 3.3%, up from 3.0% in February. That means the overall cost of goods and services increased faster than it did the month before, moving further away from the… Read more

Inflation Update February 2026: CPI Holds at 3.0% as Energy Costs Could Rise Inflation remained steady in February, with the Consumer Prices Index (CPI) holding at 3.0%, unchanged from January. While this stability is a positive sign in the short term, there are growing concerns that rising energy prices linked to tensions in the Middle… Read more

Inflation – January 2026 At a glance Inflation has eased again at the start of the year, with the Consumer Prices Index (CPI) falling to 3.0% in the 12 months to January 2026. That’s down from 3.4% in December and marks the lowest annual rate since March 2025. While inflation is still above the Bank… Read more

Inflation – December 2025 At a glance Inflation moved slightly higher in December, ending the year with prices rising faster than they were in November. While the increase is modest, inflation remains well above the Bank of England’s long-term target of 2%, which means the cost of everyday living is still a real issue for… Read more

Inflation – November 2025 At a glance Inflation cooled again in November 2025, and that matters because it affects the cost of everyday life and, indirectly, the direction of interest rates. The main measure most people follow is the Consumer Prices Index (CPI). In simple terms, CPI tracks how much prices are rising (or falling)… Read more

Inflation – October 2025 At a glance Inflation continued to edge down in October, offering a small sign of progress while still keeping household budgets under pressure. The Consumer Prices Index (CPI) fell to 3.6% in the year to October, down from 3.8% in September. Although this is a step in the right direction, CPI… Read more

Inflation – September 2025 At a glance The annual rate of inflation, measured by the Consumer Prices Index (CPI), stood at 3.8 % in the 12 months to September 2025 – unchanged from August. On a monthly basis, the CPI registered 0.0 % growth in September, meaning prices overall did not rise compared to August.… Read more

Inflation stayed at 3.8% in August, the same level as July, showing that price growth has stalled for now but remains well above the Bank of England’s 2% target. While some sectors saw falling costs, others continued to rise, meaning many households are still feeling financial pressure. Key points at a glance What’s driving the… Read more

Key Points at a Glance: What is driving inflation? The small rise in inflation during July was largely driven by transport costs. Air fares jumped by more than 30% between June and July, with the school summer holidays likely playing a part in pushing up prices. Motor fuel costs also rose, with petrol and diesel… Read more

Key Points at a Glance: What’s Driving Inflation Right Now? Inflation nudged up in June 2025, continuing the upward trend seen since the start of the year. After briefly dipping earlier in the spring, price growth has picked up again, with the main pressure this month coming from the cost of transport, especially petrol and… Read more

Key Points at a Glance: A Small Shift, But Not a Turning Point Just Yet In May 2025, inflation edged down slightly, with the annual CPIH figure moving from 4.1% to 4.0%, and CPI dropping from 3.5% to 3.4%. This means that prices are still rising, just not quite as quickly as they were the… Read more