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UK inflation expected to rise sharply next year
The Journal
|October 15, 2025
UK inflation is set to surge to the highest in the G7 in 2025 and 2026, according to the International Monetary Fund (IMF).
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In its latest outlook report, the influential economic body said price inflation in the UK would increase more sharply than expected in both years compared with previous predictions from July.
It came as the IMF increased its UK growth forecast for this year but reduced its prediction for 2026 amid concerns over the labour market.
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