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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pension schemes 'pulling ahead' of sponsors on ESG progress, LawDeb says

Pension schemes 'pulling ahead' of sponsors on ESG progress, LawDeb says

Research finds finance leaders believe scheme is ahead with progress on environmental targets and social impact

Holly Roach
clock 06 May 2025 • 2 min read
London CIV launches pensions advisory and support service

London CIV launches pensions advisory and support service

LGPS PASS aims to reduce costs and boost long-term sustainability with LGPS funds

Martin Richmond
clock 06 May 2025 • 2 min read
Aegon completes connection to pensions dashboards ecosystem

Aegon completes connection to pensions dashboards ecosystem

Firm has connected largest schemes to the architecture, covering around 70% of policies

Holly Roach
clock 06 May 2025 • 1 min read
Trustpilot