UK Inflation Rises in December, 2% Target Expected in 2026
UK inflation increased to 3.4% in December, driven by tobacco taxes and holiday costs, but economists predict a return to the Bank of England's 2% target later in 2026.
Category : Inflation
UK Inflation Rises on Flights, Falls on Some Food Items
New ONS data reveals UK inflation accelerated last month, driven by soaring air fares, tobacco, and live entertainment prices, while some grocery costs saw a welcome slowdown.
UK Inflation Rises to 3.4% in December on Travel and Tobacco
UK inflation increased to 3.4% in December, driven by higher air fares during Christmas travel and tobacco duty hikes, marking the first rise in five months according to ONS data.
UK Inflation Climbs to 3.4% in December
UK inflation increased to 3.4% in December, driven by higher air fares during Christmas travel and tobacco duty hikes, according to Office for National Statistics data.
UK Inflation Rises to 3.4% in December
Official figures reveal UK inflation increased to 3.4% in December, driven by higher tobacco prices and Christmas travel costs, though it remained below economists' forecasts.
UK Inflation Rises to 3.4% in December Amid Food Price Hikes
UK inflation increased to 3.4% in December 2025, up from 3.2% in November, driven by rising food costs, tobacco prices, and airfares, with some offset from lower rents and recreational goods.
UK Inflation Unexpectedly Climbs to 3.4% in December
UK inflation rose unexpectedly to 3.4% in December 2025, driven by higher tobacco prices, air fares, and food costs, marking a break from recent downward trends.
UK Inflation Rises to 3.4% in December, First Increase
UK inflation increased to 3.4% in December, marking the first rise in five months, with implications for Bank of England interest rate decisions and economic forecasts.
UK Inflation Climbs to 3.4% in December, First Rise Since July 2025
The UK's CPI inflation rate increased to 3.4% in December, up from 3.2% in November, with both CPI and CPIH rising for the first time since July 2025, as reported by the ONS.
UK Inflation Rises to 3.4% in December
UK inflation increased to 3.4% in December, up from 3.2% in November, marking another financial blow to households as prices continue to rise across goods and services.
Inflation Expected to Jump to 3.5% on Higher Travel Costs
Economists forecast UK inflation rose to 3.5% in December, driven by soaring airfares and hotel prices during Christmas travel, though long-term outlook remains downward.
No Australian Rate Cuts Until 2027, Banks Increase Mortgages
Australian homeowners are warned not to expect interest rate relief until 2027, with major banks quietly increasing fixed rates. Key inflation measure remains stubbornly high.
IMF Sees Persistent Above-Target Inflation in Australia
The IMF warns Australia faces persistent above-target inflation, as economists eye a potential RBA rate hike. Key jobs and CPI data due next week will be crucial.
Weight-loss jabs may push meat prices up 20%
Demand for protein from users of GLP-1 drugs like Ozempic could drive meat prices up by a fifth. Expert advises shoppers to adapt to a 'new normal' of high food costs.
Weight-loss jabs may drive meat price hikes up to 20%
Surging demand for protein from GLP-1 users could add 10-20% to meat costs this year, says food price expert Oisin Hanrahan. Discover the factors behind stubborn food inflation.
Weight Loss Jabs May Push Meat Prices Up 20%
A food pricing expert warns GLP-1 weight loss medication users' demand for protein could increase meat costs by up to 20%. Discover the factors behind stubborn food inflation.
Weight-loss jabs could push meat prices up by 20%
Demand for high-protein foods from users of GLP-1 weight-loss medications is contributing to a predicted 10-20% rise in meat prices this year. Read the full analysis.
UK inflation pause forecast as Christmas travel pushes up prices
Economists forecast a temporary halt in falling UK inflation for December, driven by holiday travel costs and tobacco duty hikes. Discover the latest CPI predictions and the long-term outlook.
US official ridiculed over $3 dinner suggestion
US Agriculture Secretary Brooke Rollins faces online mockery after proposing an affordable $3 meal. Critics compare it to Fyre Festival fare as cost-of-living concerns dominate politics.
US Wholesale Inflation Rises 0.2% in November
US producer prices saw a modest 0.2% rise in November, a delayed report reveals. Core inflation held steady. Discover the latest figures and what they mean for the economy.
Save £7,500 by switching providers, says Canstar
New analysis reveals UK households can pocket significant savings by refinancing loans and switching energy plans. With a potential rate hike looming, experts urge proactive financial reviews.
US Inflation Stays Firm at 2.7% in December
US inflation remained steady at 2.7% in December, defying expectations and fuelling a political battle over the cost of living. Read the latest on the Fed's independence and Trump's economic response.
US Inflation Climbs to 2.7%, Surpassing Expectations
US inflation rose more than expected in December, hitting 2.7%. The data fuels concerns over tariffs and complicates the Federal Reserve's path on interest rates. Read the full analysis.
Trump and Warren in Surprise Call on Cost of Living
Former President Donald Trump and Senator Elizabeth Warren held a surprisingly cordial phone call to discuss lowering costs for working-class Americans, focusing on credit card rates and housing. Read the details of their unexpected dialogue.
Trump Fed pressure risks 1970s inflation, analysts warn
Economists warn Donald Trump's attempts to influence the Federal Reserve could trigger a dangerous return to 1970s-style inflation and global market turmoil. Read the full analysis.
2026 Benefit Payment Dates and Cost of Living Help
Essential guide to January 2026 payment dates for state pensions and benefits, plus key cost of living support available. Find out about cold weather payments, energy help and benefit uprates.
1997 Receipt Reveals 220% Grocery Price Surge
A viral TikTok video comparing a 1997 supermarket receipt to today's prices reveals a shocking 220% increase, highlighting the UK's cost of living crisis. See the full story.
UK Credit Card Debt Jumps 12.1% Amid Cost of Living Strain
UK credit card borrowing hits £1bn as households struggle with high living costs. Debt charity StepChange warns of a dangerous spiral. Read the full analysis.
Food Inflation Hits 3.3%, Driving Up Shop Prices
New data reveals UK shop price inflation edged up in December, driven by a sharp rise in food costs to 3.3%. Discover the pressures on household budgets and the outlook for 2026.
Five-year inflation hits 25.1%, squeezing UK shoppers
Analysis of US inflation data reveals a 25.1% price surge over five years, creating a two-tier economy. Discover the impact on wages and consumer confidence.
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