Headlines
UK inflation to average 3.2% in 2025, OBR forecasts
Published by Global Banking & Finance Review®
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
The OBR forecasts UK inflation to average 3.2% in 2025. Current inflation eased to 2.8% in February, following Rachel Reeves's first budget.
LONDON (Reuters) - British inflation is set to average 3.2% in 2025, according to forecasts from the Office for Budget Responsibility published on Wednesday.
In October, at the time of British finance minister Rachel Reeves's first budget, the OBR said it expected inflation of 2.6% this year.
Official data published earlier on Wednesday showed consumer price inflation eased to an annual 2.8% in February.
(Reporting by David Milliken and Sachin Ravikumar, writing by Sam Tabahriti; Editing by Kate Holton)
The main topic is the UK inflation forecast for 2025 by the Office for Budget Responsibility, predicting an average of 3.2%.
As of February, the UK's consumer price inflation eased to an annual rate of 2.8%.
Rachel Reeves is the British finance minister who recently presented her first budget.
Explore more articles in the Headlines category
