October 2025 Economic and Market Report
In October, we learned that UK consumer prices rose by 3.8% in the year to September, unchanged from the month prior. Investors watched the Bank of England (BoE) for any signs of likely interest rate changes
In October, we learned that UK consumer prices rose by 3.8% in the year to September, unchanged from the month prior. Investors watched the Bank of England (BoE) for any signs of likely interest rate changes
In September, UK consumer prices rose by 3.8% in the year to August, unchanged from the month prior. Rising prices in
hotels and restaurants as well as food and non-alcoholic beverages saw month-on-month rises, offsetting falling prices of
transport.
In August, we learned that UK consumer prices rose by 3.8% in July, up from 3.6% the month prior. As was the case last month, transport
remained the largest contributor to inflation, primarily due to rising airfares. The Bank of England’s (BoE) Monetary Policy Committee
opted to cut interes
In July, UK consumer prices rose by 3.6% in the year to June, up from 3.4% the month prior. Transport and fuel were the biggest contributors to this increase and were partially offset
In June, it was reported that UK consumer prices rose by 3.4% in the 12 months to May, down from 3.5% in April. The main driver behind this modest decline was a fall in transport costs, though this was partially offset by price increases in food, furniture, and household goods.
In May, we learned that UK consumer prices had risen by 3.5% over the 12 months to April, up from 2.6% in March. This increase was largely a result of rising household energy and water bills. Despite this, the Bank of England (BoE) voted to cut
In April, we learned that UK consumer prices had risen by 2.6% over the 12 months to March, down from 2.8% in February. The Bank of England’s (BoE) next meeting in May was widely
In contrast to Chancellor Reeve’s Autumn Budget, March’s Spring Statement was received with cautious optimism by markets. Tax changes were limited, and restraint was shown around spending (except in defence – a major growth area). This allayed some concerns around inflation, which has now eased to 2.8% year-on-year (February data), down from 3% in January. The Bank of England’s
In February, we learned that UK consumer prices had risen by 3% over the 12 months to January, up from 2.5% in December. The Bank of England noted that inflation is making progress towards its 2% goal, allowing the Bank’s Monetary Policy Committee (MPC) to reduce
In January, we learned that consumer prices in the UK rose by 2.5% in the 12 months to December; a number that has remained consistently above the Bank of England’s 2% target since last summer and shows no signs of falling materially