london skyline

United Kingdom Inflation October 2020

United Kingdom: Inflation increases in October

Consumer prices were unchanged in October over the previous month, which was below September’s 0.41% rise. The result was driven by falling prices for housing and utilities, and restaurants and hotels.

Inflation edged up to 0.7% in October, from September’s 0.5%, but remained below the Bank of England’s 2.0% target. Meanwhile, the trend pointed down mildly, with annual average inflation coming in at 1.0% in October (September: 1.1%). Lastly, core inflation ticked up to 1.5% from the previous month’s 1.3%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest