UK inflation jumps more than expected in January, testing the BoE's outlook
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, testing the Bank of England's confidence that price pressures will ease over the longer term.
UK inflation leaps to higher-than-expected 3% in January
The U.K.'s inflation rate rose sharply to 3% in January, coming in above analyst expectations of a 2.8% reading, according to data released by the Office for National Statistics (ONS) on Wednesday.
UK inflation rises by more than expected to 3%
The rate of UK inflation rose by more than expected in January to 3%, up from 2.5% in December. Analysts had been expecting a reading of 2.8%. Read the latest analysis from MoneyWeek.
UK inflation jumps by more than expected to 3.0%
LONDON (Reuters) -British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and it is likely to rise further soon, testing the Bank of England's confidence that price pressures are on a downward path over the longer term.
UK inflation rises to 3% in January
UK inflation rose more than expected to 3 per cent in January, highlighting the challenge for the Bank of England as it contends with persistent price pressures and a weakened economy. The annual rate of price growth was above the 2.
UK inflation rate jumps to 10-month high of 3%
The UK inflation rate can impact your money in more ways than one. Firstly, rising inflation means things costs more - so today's 3% figure means if a bottle of milk cost £1 a year ago it now costs £1.
UK inflation sees surprise jump to 3%, with more rises expected
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and it is likely to rise further soon, testing the Bank of England's confidence that price pressures are on a downward path over the longer term.
Economists weigh in as US inflation rises
Inflation in the United States increased in January as prices of food, gasoline and housing, among others, continued to rise. VOA correspondent Veronica Balderas Iglesias talked to economists about what the Trump administration can do to bring prices down.
UK inflation spikes to a 10-month high, likely to worry the Bank of England
Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid ...
UK ONS says inflation was 3.0% in January
British inflation sped up to an annual rate of 3.0% in January from 2.5% in December, official figures showed on Wednesday.
Reform UK warns Rachel Reeves that doing this one thing will see inflation go higher
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UK wages continue to outpace inflation
Pay outstripped price rises by 3.4% between October and December while the unemployment rate remains unchanged.
Forbes1d
Inflation Runs Hot At 3% In Year To January
Nicholas Hyett, at Wealth Club, said: “Recent economic data points to a slowdown in the UK economy – GDP came in lower than expected, inflation has fallen and unemployment has ticked up.
UK inflation surges from 2.5% to 3% in another blow to Rachel Reeves
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ons.gov.uk2d
Consumer price inflation, UK: January 2025
The Consumer Prices Index (CPI) rose by 3.0% in the 12 months to January 2025, up from 2.5% in the 12 months to December 2024 ...
UK's Costa Coffee gives workers above-inflation pay rise
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Treasury warns of 'bumpy' road to lower inflation after unexpected jump to 3%
Chancellor Rachel Reeves says she is working to "deliver economic growth" - but the Lib Dems criticise her "misguided ...