Inflation Flashcards
(3 cards)
What is the UK 2025 inflation rate
As of April 2025, the UK’s annual inflation rate, measured by the Consumer Prices Index (CPI), is projected to have risen to 3.3%, up from 2.6% in March. This increase is primarily attributed to higher household bills, including a 6.4% rise in the energy price cap and a 26% increase in water bills.
Financial Times
The Times
Core inflation, which excludes volatile items like energy and food, is also expected to have risen, indicating persistent underlying price pressures.
The Bank of England (BoE) has previously projected that inflation would reach around 3.7% in the third quarter of 2025 before gradually returning to its 2% target by early 2027.
The BoE has implemented several interest rate cuts since mid-2024 to combat high inflation. However, the recent uptick in inflation may influence future monetary policy decisions.
For the most current and detailed information, you can refer to the Office for National Statistics’ Consumer Price Inflation reports.
Countries with high inflation rates
Venezuela
Zimbabwe
Sudan
Ethiopia
Nigeria
Countries with low inflation rates
Switzerland (0.6%)
China (0.5%)
Japan (2.9%)
Singapore (1.6%)
South Korea (2.2%)
