Thursday, October 30, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

UK inflation data for August 2025

by Holly Ellyatt
September 18, 2025
in Finance
Reading Time: 3 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


Inside of cheese monger specialist cheese store, Mons cheese mongers, East Dulwich, London, England, UK.

Geography Photographs | Common Photos Group | Getty Photos

The U.Ok.’s annual inflation price was regular at 3.8% in August, in keeping with knowledge launched by the Workplace for Nationwide Statistics (ONS) on Wednesday.

Economists polled by Reuters had anticipated inflation to achieve 3.8% within the twelve months to August.

August core inflation, which excludes extra unstable power, meals, alcohol and tobacco costs, rose by an annual 3.6%, down from 3.8% within the twelve months to July.

“The price of airfares was the primary downward driver this month with costs rising lower than a 12 months in the past following the big improve in July linked to the timing of the summer time holidays,” the ONS’ Chief Economist Grant Fitzner stated on the X social media platform.

“This was offset by an increase in costs on the pump and the price of lodge lodging falling lower than this time final 12 months.”

Meals value inflation climbed for the fifth consecutive month, the ONS famous, with small will increase seen throughout a variety of greens, cheese and fish objects.

The info comes after the buyer value index hit a hotter-than-expected 3.8% in July, exceeding forecasts.

Finance Minister Rachel Reeves commented that she acknowledged that “households are discovering it robust and that for a lot of the financial system feels caught. That is why I am decided to deliver prices down and assist people who find themselves going through increased payments.”

Pound sterling was barely decrease towards the greenback after the info launch, at $1.3637.

The Financial institution of England is intently watching inflation knowledge after forecasting the buyer value index might peak at 4% in September, earlier than retreating within the early half of 2026.

The central financial institution reduce rates of interest in August, taking the important thing price from 4.25% to 4%, and saying it will take a “gradual and cautious” method to financial easing, conscious of inflationary pressures however conscious of the necessity to promote development and funding.

It subsequent meets on Thursday, however it’s not anticipated to regulate charges this month, and there is uncertainty as as to whether it might reduce in November.

Sticky inflation is proscribing the chance for a fourth price by the BOE this 12 months, Scott Gardner, funding strategist at J.P. Morgan-owned digital wealth supervisor, Nutmeg, commented Wednesday.

“Whereas wage development has fallen in current months, extra progress is required on the inflation entrance to persuade the Financial institution’s policymakers {that a} additional price reduce is feasible within the present financial surroundings. A fourth price reduce in 2025 would require additional labour market weak point, a considerably pyrrhic victory,” he stated in emailed feedback.

“With forecasts suggesting inflation might rise even additional within the short-term and hit 4% going into the autumn, the cost-of-living pressure on family funds will persist within the months forward,” Gardner stated, including that “in brief, already sticky inflation is prone to get stickier.”



Source link

Tags: AugustDataInflation
Previous Post

A profile of Song-Chun Zhu, an AI scientist and NSF and Pentagon grantee, who left the US after 28 years to lead China's state-backed AI institute BIGAI in 2020 (Chang Che/The Guardian)

Next Post

State pension age could rise to 80 unless major government reform made, expert warns

Related Posts

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

by Kevin Breuninger,Anniek Bao,Evelyn Cheng
October 30, 2025
0

BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese language President Xi Jinping throughout a...

Stocks Pressured as Fed Chair Powell Downplays Further Rate Cuts

Stocks Pressured as Fed Chair Powell Downplays Further Rate Cuts

by Barchart
October 30, 2025
0

The S&P 500 Index ($SPX) (SPY) on Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.16%, and the Nasdaq 100...

More than a million current account switches in year as bank apps attract savers

More than a million current account switches in year as bank apps attract savers

by Anna Wise
October 30, 2025
0

Signal as much as our free cash publication for funding evaluation and skilled recommendation that will help you construct wealthSignal...

Citibank to boost investment in India as firms eye global expansion: Viswas Raghavan

Citibank to boost investment in India as firms eye global expansion: Viswas Raghavan

by Shilpy Sinha, George Smith Alexander, Sruthijith KK
October 30, 2025
0

Citibank plans to deploy extra capital because it broadens the concentrate on India, Citi head of banking and govt vice...

The Trump Administration Is Lying Us Into Another War

The Trump Administration Is Lying Us Into Another War

by Connor O'Keeffe
October 29, 2025
0

Final week, President Trump ordered an plane service strike group into the waters off Venezuela. The deployment of the USS...

Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’

Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’

by Anniek Bao
October 29, 2025
0

TOKYO, JAPAN - OCTOBER 27: U.S. President Donald Trump disembarks Air Power One as he arrives at Haneda Airport on...

Next Post
State pension age could rise to 80 unless major government reform made, expert warns

State pension age could rise to 80 unless major government reform made, expert warns

Fascism Scholar Sounds Alarm: We’re Now In ‘Next Phase’ Of Trump Authoritarian Playbook

Fascism Scholar Sounds Alarm: We’re Now In ‘Next Phase’ Of Trump Authoritarian Playbook

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

October 30, 2025
Motilal Oswal Q2 Results: Profit plunges 68% YoY to Rs 362 crore, revenue down 35%

Motilal Oswal Q2 Results: Profit plunges 68% YoY to Rs 362 crore, revenue down 35%

October 30, 2025
Xi-Trump meeting sparks optimism in China — but many wonder what comes next

Xi-Trump meeting sparks optimism in China — but many wonder what comes next

October 30, 2025
Trump says US will restart nuclear weapons testing 

Trump says US will restart nuclear weapons testing 

October 30, 2025
High Dividend 50: Cross Timbers Royalty Trust

High Dividend 50: Cross Timbers Royalty Trust

October 30, 2025
Watch dramatic moment Trump strikes yet another drug smuggling vessel killing four as US narco war steps up

Watch dramatic moment Trump strikes yet another drug smuggling vessel killing four as US narco war steps up

October 30, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Motilal Oswal Q2 Results: Profit plunges 68% YoY to Rs 362 crore, revenue down 35%

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In