Inflation Rate

Inflation eases to 3.4% in May amid falling air prices

Inflation eased to 3.4% in May 2025, down from 3.5% in the 12 months to April, as rising food prices were offset by falling air fares, according to the latest figures from the Office for national statistics. However, the fall comes with a caveat: the ONS has since revealed that…

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Inflation jumps to 3.5% in April

Inflation increased to 3.5% in April, according to the latest figures for the Office for National Statistics (ONS), which it blamed on a “significant increase” in household bills. The 12-month inflation rate for housing and household services was 7.0% in April 2025, up from 5.1% in March. On a monthly…

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Inflation hits highest level in 10 months

Inflation hit 3% in January, its highest level in 10 months, as air fairs, new private school fees and the cost of food and drink all rose more than usual for the time of year, according to the latest figures from the Office for National Statistics (ONS). The 3% level…

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Inflation holds steady at 2.2% in August

The rate of inflation remained steady at 2.2% in August, unchanged since July, yet is still above the Bank of England’s target of 2%.Although food and energy prices continued to fall over the month, this was in part offset by transport, where prices rose by 1.2% in the month. This…

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Inflation holds steady in June despite rise in hotel prices

Inflation remained steady at 2% in June despite a strong rise in hotel prices during the month, according to the latest figures from the Office for National Statistics (ONS). It comes as prices for restaurants and hotels rose by 0.9% between May and June this year, compared with a lower…

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Inflation remains steady at 4%

Inflation remained unchanged at 4% in January, despite forecasters expecting a slight rise as falling food prices offset an increase in the energy cap, according to the latest figures from the Office of National Statistics (ONS). The news comes as the ONS revealed the annual inflation rate for housing, water,…

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Inflation remains at 6.7% despite fall in food prices

Inflation remained unchanged at 6.7% in September as a fall in food prices was offset by an increase in the price of fuel. According to the latest figures from the Office for National Statistics (ONS), food and non-alcoholic beverage prices fell by 0.1% between August and September 2023, compared with…

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Inflation ‘unexpectedly’ falls to 6.7%

The headline rate of inflation has fallen by 0.1% to 6.7% in August, according to the latest data from the Office for National Statistics (ONS), despite prior concerns from economists that the rate was set to rise. The largest downward contributions to the monthly change in annual rates came from…

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Inflation falls to 8.7% in April

Inflation has fallen to 8.7% in April, marking the first time it has been in single digits since last summer, according to the latest figures from the Office for National Statistics. Inflation was down from 10.1% in March 2023 and increased by 1.2% in April 2023, compared with a rise…

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Inflation unexpectedly jumps to 10.4% amid rising food prices

The UK inflation rate unexpectedly increased to 10.4% in February driven by increased drink and food prices which reached their highest rate in 45 years, according to the latest figures from the Office for National Statistics (ONS). The rise in the CPI annual rate between January and February 2023 came…

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