The rate of inflation in the U.K. has remained unchanged in August from the previous month’s 3.8 per cent
The office for National Statistics said that Air fares made the largest downward contribution to the monthly change while restaurants and hotels, and motor fuels made large, partially offsetting, upward contributions.
The average price of petrol rose by 0.3 pence per litre between July and August 2025, compared with a fall of 2.1 pence per litre between July and August 2024
The Bank of England expects it to peak at 4% this month
Chancellor Rachel Reeves: “I know families are finding it tough and that for many the economy feels stuck. That’s why I’m determined to bring costs down and support people who are facing higher bills”
