According to the Office for National Statistics, UK's consumer price inflation as shown by the Consumer Prices Index (CPI) rose by 3.8% in the 12 months to July 2025, up from 3.6% in the 12 months to June.
On a monthly basis, CPI rose by 0.1% in July 2025, compared with a fall of 0.2% in July 2024.
Core CPI rose by 3.8% in the 12 months to July 2025, up slightly from 3.7% in the 12 months to June; the CPI goods annual rate rose from 2.4% to 2.7%, while the CPI services annual rate rose from 4.7% to 5.0%.
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 4.2% in the 12 months to July 2025, up from 4.1% in the 12 months to June. On a monthly basis, CPIH was little changed in July 2025, the same as in July 2024.
Core CPIH rose by 4.2% in the 12 months to July 2025, down slightly from 4.3% in the 12 months to June; the CPIH goods annual rate rose from 2.4% to 2.7%, while the CPIH services annual rate was unchanged at 5.2%.