Inflation
The Consumer Prices Index is the headline measure. Services, wages, energy and food can tell different stories beneath that single number.
Topic briefing
A clear view of the official figures, Bank of England decisions and what they can mean for cash, mortgages, bonds and long-term portfolios.
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Inflation measures how quickly prices are changing. Bank Rate is the Bank of England's main policy tool for bringing inflation back towards its 2% target.
The Consumer Prices Index is the headline measure. Services, wages, energy and food can tell different stories beneath that single number.
The Monetary Policy Committee weighs current inflation against evidence about where prices and demand may go next.
Rates can affect savings returns, borrowing costs, bond prices, company valuations and sterling, but none moves in a simple straight line.
Latest coverage
Each report separates verified facts from analysis and links directly to the primary source.
Motor-fuel prices lifted the headline rate while core and services inflation were unchanged.
Bank of EnglandThree MPC members voted for an increase as the Bank raised its near-term inflation projection.
UK inflationHousehold energy costs pushed the headline rate higher, while core inflation was unchanged.
Bank of EnglandThe vote showed greater concern about renewed inflation pressure and less certainty over rate cuts.
Use the data carefully
A single monthly inflation figure can be affected by volatile components and comparisons with prices a year earlier. A single Bank Rate decision is also not a promise about the next meeting.
For investors, the useful question is not simply whether a number rose or fell. It is whether the composition of inflation, labour-market evidence and the Bank's own projections materially change the range of plausible outcomes.
Primary sources
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