UK Inflation

ONS data shows CPI Index rose for the first time in five months

ONS figures show CPI Index fell to 3.2% in November

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

CPI stood at 3.4% in May, down 0.1 percentage points from April’s figures

MPC meeting on interest rates to take place on 19 December

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

Services inflation remains 'sticky' ahead of MPC meeting on interest rates

Services inflation in decline alongside gas and electricity prices

Inflation hits Bank of England's target for the first time since 2021

CPI figure lower than expected after remaining stagnant at 4%