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...

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Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

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