{"id":142773,"date":"2025-09-17T06:20:07","date_gmt":"2025-09-17T06:20:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/142773\/"},"modified":"2025-09-17T06:20:07","modified_gmt":"2025-09-17T06:20:07","slug":"uk-inflation-rate-stays-at-3-8-in-year-to-august-follow-latest","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/142773\/","title":{"rendered":"UK inflation rate stays at 3.8% in year to August &#8211; follow latest"},"content":{"rendered":"<p>What are we expecting?published at 06:15 BST<\/p>\n<p>06:15 BST<\/p>\n<p class=\"ssrcss-8kvzjk-Contributor etflsgg2\">Dearbail Jordan<br \/>Senior business and economics reporter<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" alt=\"A woman shopping in a supermarket\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/09\/64d91577-eb59-43b6-a0c1-f6d1a3f66821.jpg.webp.webp\"  width=\"3493\" height=\"1965\" class=\"ssrcss-11yxrdo-Image edrdn950\"\/>Image source, PA Media<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Consumer Price Index (CPI) measure of inflation is expected to show a 3.8% rise for the year to August. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">If so, it would be the same pace recorded for the 12 months to July. That\u2019s the good(-ish) news.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The bad news is inflation is expected to rise to 4% in September when those figures are announced next month, which would mean it is double the Bank of England\u2019s 2% target.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The upshot of this is it is unlikely the Bank will cut interest rates on Thursday. The committee is meeting this week to discuss the next move and there\u2019s speculation there might not be a further reduction for the rest of the year.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It\u2019s not something people buying a home or re-mortgaging are going to want to hear but savers will probably welcome it.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Since August late year, the Bank has cut interest rates five times to the current level of 4%, which is the lowest level for two years. <\/p>\n","protected":false},"excerpt":{"rendered":"What are we expecting?published at 06:15 BST 06:15 BST Dearbail JordanSenior business and economics reporter Image source, PA&hellip;\n","protected":false},"author":2,"featured_media":142774,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-142773","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/142773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=142773"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/142773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/142774"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=142773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=142773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=142773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}