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

Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

More on Industry

Vidett acquires Bridgehouse Company Secretaries

Vidett acquires Bridgehouse Company Secretaries

Acquisition of corporate governance firm broadens Vidett’s offering

Jonathan Stapleton
clock 15 January 2026 • 1 min read
UK economy swings back into growth with 0.3% rise in November

UK economy swings back into growth with 0.3% rise in November

UK gross domestic product (GDP) grew by 0.3% in November 2025, according to the Office for National Statistics.

Cristian Angeloni
clock 15 January 2026 • 1 min read
Professional Pensions Future of Pensions Consulting: Register now!

Professional Pensions Future of Pensions Consulting: Register now!

High-level forum will take place on 18 March 2026 in London

Professional Pensions
clock 15 January 2026 • 1 min read
Trustpilot