UK inflation hits 30-year high of 5.5%

An 0.1% rise on the record figure observed in December

Elliot Gulliver-Needham
clock • 1 min read
 Quilter Investors portfolio manager Hinesh Patel
Image:

Quilter Investors portfolio manager Hinesh Patel

Inflation in the UK rose to 5.5% in January, up from 5.4% in December 2021, continuing the streak of reaching the country’s highest inflation rate in thirty years.

The Office for National Statistics (ONS) said that the 12-month UK Consumer Prices Index (CPI) was at the highest level since records began in January 1997 and was last higher in the historical mod...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

The growing case for real estate debt

The growing case for real estate debt

Ashley Manning-Brown says investor attention is broadening beyond corporate direct lending

Ashley Manning-Brown
clock 29 May 2026 • 5 min read
DC master trusts continue to increase illiquid allocations

DC master trusts continue to increase illiquid allocations

Isio says providers still favour globally diversified private market portfolios

Holly Roach
clock 22 May 2026 • 2 min read
UK inflation drops to 2.8% but DB schemes 'insulated' from shocks

UK inflation drops to 2.8% but DB schemes 'insulated' from shocks

Stagflation concerns remain in focus for investors this year

Patrick Brusnahan and Jonathan Stapleton
clock 20 May 2026 • 3 min read
Trustpilot