Inflation in England in 2025
On December 16, 2023, the general scenery of people visiting Trafalgar Tavern Pub, which was decorated with bunting and string lights in the United Kingdom Greenwich.
John KEABLE | Getty Images News | Getty pictures
The British annual inflation rate fell to 2.6% in March, according to the information released in the National Statistics (ons) office, which is released on Wednesday.
Economists, surveyed by Reuters, expect the consumer price index to reach 2.7% in March twelve months.
After sharply increased in February in January, the price increase in England reached 2.8%.
In February, more volatile energy, food, alcohol and tobacco prices increased by 3.4%, increased by 3.4%.
The lowest decline contributions to the monthly change in the inflationary level recreation and culture and motor fuel, They saidAlthough the biggest driver’s clothing.
Sterling After the release of the data, 1.25% compared to US dollars, increased by 0.25% in the level of $ 1,3265.
The latest information was reduced in the next Congress on May 8 and US President Donald Trump rated 4.5% at 4.5% in the previous session during economic growth and global trade periods.
Last week, the latest monthly growth data in England showed that the British economy increased by 0.5% monthly in February. The UK trade agreement with Washington also fled from the injuries of Trump’s tariff regime relatively unusual in terms of importing 10% of imports.
Traders will look closely with Boe’s next policy statement for Boe’s country’s economic worldview.
In March, in a statement, the Central Bank has strengthened the uncertainty of global trade policy and a number of tariffs answered by the United States. “
“Other geopolitical uncertainties have also increased and the indicators of the financial market volatility rose worldwide,” he said.
Boe In February, inflation was expected to temporarily increase to 3.7% Because of the acceleration of energy costs in the third quarter of this year. At this time, England reduced the 2025 growth forecast to 0.75%