UK May CPI year-on-year

2025/06/18 06:00:00

Office for National Statistics announced the UK May CPI year-on-year on 2025-06-18. The reported figure stands at 3.4%, against a forecast of 3.4%, with the prior figure recorded as 3.50%.

Regarding the UK May CPI year-on-year, Actual value > Expected value = Positive for GBP, The Consumer Price Index (CPI) is a measure of the prices of a fixed basket of consumer goods, primarily reflecting the changes in the prices paid by consumers for goods and services. It is also a tool for measuring the level of inflation, expressed as a percentage change. Consumer prices are the most significant part of overall inflation. Inflation is important for currency valuation, as rising prices will prompt central banks to raise interest rates to control inflation targets, which in turn benefits the British pound.

This data holds an importance level of , calculated using The value changes of all goods and services generated in economic activities after adjusting for inflation, and updates monthly. The next release is set for 2025-07-16 14:00:00.

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