Chancellor Rachel Reeves will be keeping a close eye on inflation data ahead of her autumn budget, due next Wednesday.
Commenting on today’s inflation figures for October 2025, ONS Chief Economist Grant Fitzner said: (quote 1 of 2) pic.twitter.com/n9BniWsG7t
Grant Fitzner went on to say: (quote 2 of 2) pic.twitter.com/vTHFBINn97
BREAKING: UK inflation dropped to 3.6% in October, easing pressure on households and providing a boost for Rachel Reeves as the chancellor prepares for her make-or-break budget next week.
The Office for National Statistics (ONS) said annual inflation as measured by the consumer prices index cooled for the first time in five months, declining from a peak of 3.8% over July, August and September.
