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

Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

More on Industry

UK inflation unexpectedly rises to 3.6% in June

UK inflation unexpectedly rises to 3.6% in June

Up from 3.4% in May

Linus Uhlig
clock 16 July 2025 • 3 min read
TISA and industry urge government to rethink IHT on pensions

TISA and industry urge government to rethink IHT on pensions

Research proposes simpler alternatives

Isabel Baxter
clock 15 July 2025 • 5 min read
News Digest: Only tax inherited pensions worth more than £90k, Reeves urged

News Digest: Only tax inherited pensions worth more than £90k, Reeves urged

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 15 July 2025 • 1 min read
Trustpilot