UK inflation expected to rise to 2.8%
The rate of UK inflation is expected to rise when January’s figures are published this morning, partly driven by a bounce in airfares and the introduction of VAT on private school fees
UK inflation rises to 3% in January on higher transport and food costs
Core inflation, which excludes volatile food, energy, alcohol, and tobacco prices, rose to 3.7% from 3.2% in December—marking its highest level since April 2024.
UK inflation jumps by more than expected to 3.0%
LONDON (Reuters) -British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and it is likely to rise further soon, testing the Bank of England's confidence that price pressures are on a downward path over the longer term.
UK inflation rises to 3% in January
UK inflation rose more than expected to 3 per cent in January, highlighting the challenge for the Bank of England as it contends with persistent price pressures and a weakened economy. The annual rate of price growth was above the 2.
UK inflation leaps to higher-than-expected 3% in January
U.K. inflation rose to 3% in January, coming in above analyst expectations, according to data released by the Office for National Statistics on Wednesday. Economists polled by Reuters had expected a January reading of 2.
UK inflation sees further spike as it rises to a 10-month high
January's inflation figure is likely to slow down the Bank of England's delivery of interest rate cuts as inflation remains well above the central bank's government-set target. View on euronews
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