UK inflation holds firm at 2.2% as Bank of England decision beckons

Services inflation remains 'sticky' ahead of MPC meeting on interest rates

Linus Uhlig
clock • 2 min read
UK's CPI rose by 2.2% in the 12 months to August
Image:

UK's CPI rose by 2.2% in the 12 months to August

The annual rate of UK inflation held steady in August, as the Bank of England (BoE) weighs its options ahead of the next Monetary Policy Committee (MPC) meeting on Thursday (19 September).

According to figures published by the Office for National Statistics (ONS) today (18 September), the UK's Consumer Price Index (CPI) rose by 2.2% in the 12 months to August, a figure that did not b...

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 Industry

Industry and government must 'do more' to educate savers about retirement costs

Industry and government must 'do more' to educate savers about retirement costs

Pension experts say the sector must help savers understand their own targets and how to reach them

Holly Roach
clock 03 June 2026 • 4 min read
Savers place increased emphasis on accuracy to build trust

Savers place increased emphasis on accuracy to build trust

Trafalgar House index shows one quarter of savers valued accurate information as integral trust factor

Martin Richmond
clock 03 June 2026 • 2 min read
Pensions UK updates Retirement Living Standards as savers face 'cliff-edge'

Pensions UK updates Retirement Living Standards as savers face 'cliff-edge'

Costs of minimum, moderate and comfortable retirement lifestyles have all risen

Holly Roach
clock 03 June 2026 • 4 min read
Trustpilot