Financial News: UK Inflation Accelerates To 3.8%

UK Inflation Accelerates To 3.8%

08/20/2025 - 02:26:00 (RTTNews)

(RTTNews) - UK consumer price inflation accelerated in July on higher transport cost, data from the Office for National Statistics showed on Wednesday.

The consumer price index posted an annual growth of 3.8 percent after rising 3.6 percent in June. Prices were forecast to climb 3.7 percent.

Core inflation that excludes prices of energy, food, alcohol and tobacco, rose to 3.8 percent from 3.7 percent in June.

The largest upward contribution to inflation came from transport, particularly air fares. This was partially offset by a large downward contribution from housing and household services. On a monthly basis, consumer prices rose only 0.1 percent, following June's 0.3 percent gain.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Taiwan Export Orders Rise 15.2% In July (13 min(s), 31 sec(s) ago)
(RTTNews) - Taiwan's export orders increased for the sixth successive month in July, according ...Full Story»

UK Inflation Hits 18-Month High (23 min(s), 31 sec(s) ago)
(RTTNews) - UK consumer price inflation accelerated to an 18-month high in July on airfares and fo ...Full Story»

German Producer Prices Fall 1.5% (48 min(s), 31 sec(s) ago)
(RTTNews) - Germany's producer prices declined for the fifth straight month in July amid cheap ...Full Story»

New Zealand Hints At More Interest Rate Cuts (01 hr(s), 27 min(s), 31 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand reduced its key interest rate by 25 basis points to a ...Full Story»

Austria Inflation Rises More Than Estimated (01 hr(s), 26 min(s), 31 sec(s) ago)
(RTTNews) - Austria's consumer price inflation increased more than initially estimated in July ...Full Story»

Denmark GDP Grows 1.3% In Q2 (02 hr(s), 08 min(s), 31 sec(s) ago)
(RTTNews) - The Danish economy rebounded in the second quarter on the back of strong growth in t ...Full Story»

UK Inflation Accelerates To 3.8% (02 hr(s), 44 min(s), 31 sec(s) ago)
(RTTNews) - UK consumer price inflation accelerated in July on higher transport cost, data from th ...Full Story»

European Economic News Preview: UK Inflation Data Due (03 hr(s), 08 min(s), 31 sec(s) ago)
(RTTNews) - Consumer prices from the UK and the euro area due on Wednesday, headlining a light day ...Full Story»