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UK inflation dips ahead of Reeves' first budget
Financial Express Lucknow
|November 20, 2025
UK INFLATION FELL for the first time in seven months, a sign price pressures are past their peak ahead of crucial decisions by the Bank of England and Chancellor of the Exchequer Rachel Reeves.
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Consumer prices increased 3.6% in October compared with a year earlier, down from the 3.8% rise in September, the Office for National Statistics said on Wednesday.
It was slightly higher than City economists’ expectations for inflation to ease to 3.5% but matched the BOE’s forecast.
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