Inflation falls below 2% for first time since 2021

Industry argues Inflation fall means Bank of England has 'clear path' to cut interest rates

Cristian Angeloni
clock • 4 min read
The Consumer Prices Index (CPI) fell to 1.7% in September, down from 2.2% in August.
Image:

The Consumer Prices Index (CPI) fell to 1.7% in September, down from 2.2% in August.

UK inflation fell below the Bank of England’s (BoE) 2% target for the first time in three years in the 12 months to September, according to data from the Office for National Statistics (ONS).

The Consumer Prices Index (CPI) fell to 1.7% in September, down from 2.2% in August. Inflation had reached the central bank's 2% target at the beginning of the summer, only for it to edge slightly ...

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

DC pension assets expected to hit £1trn and overtake DB within five years

DC pension assets expected to hit £1trn and overtake DB within five years

DWP figures suggest DC assets could surpass £1trn in 2031 and reach £1.24trn by 2035

Holly Roach
clock 17 June 2026 • 2 min read
Aviva gets targeted support green light

Aviva gets targeted support green light

Latest provider to get FCA approval

Jen Frost
clock 17 June 2026 • 1 min read
It's the members, stupid!

It's the members, stupid!

Rory Murphy asks if we are at risk of breaking the core relationship between workers and the governance of their own retirement funds

Rory Murphy
clock 17 June 2026 • 4 min read
Trustpilot