UK inflation drops to 3.6% in October

Industry warns wider economic backdrop remains 'fragile' ahead of Autumn Budget

Linus Uhlig
clock • 3 min read
Easing inflation was driven primarily by gas and electricity prices, which jumped by less than the same time last year Credit: iStock
Image:

Easing inflation was driven primarily by gas and electricity prices, which jumped by less than the same time last year Credit: iStock

UK inflation rose by 3.6% in the 12 months to October 2025, down from 3.8% in September, strengthening the case for a further rate cut from the Bank of England next month.

On a monthly basis, the Consumer Prices index (CPI) rose by 0.4% in October 2025, compared to a jump of 0.6% during the same month a year prior, according to data from the Office for National Stati...

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

XPS launches financial dashboard for insurers

XPS launches financial dashboard for insurers

XPS Orbital designed to help insurers to make faster and more informed decisions

Martin Richmond
clock 19 May 2026 • 1 min read
Pensions Commission publishes interim report

Pensions Commission publishes interim report

Report looks at the state of retirement saving in the UK

Holly Roach
clock 19 May 2026 • 3 min read
News Digest: Worries on gilts point to wider bond market vulnerabilities

News Digest: Worries on gilts point to wider bond market vulnerabilities

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

Professional Pensions
clock 19 May 2026 • 1 min read
Trustpilot