{"id":217262,"date":"2025-10-22T06:46:10","date_gmt":"2025-10-22T06:46:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/217262\/"},"modified":"2025-10-22T06:46:10","modified_gmt":"2025-10-22T06:46:10","slug":"uk-inflation-rate-holds-at-3-8-for-third-month-in-a-row-live-updates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/217262\/","title":{"rendered":"UK inflation rate holds at 3.8% for third month in a row &#8211; live updates"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/core\/website\/assets\/static\/news\/incident-types\/light-mode\/analysis.77b314ef10.svg\" alt=\"Analysis\" draggable=\"false\" class=\"ssrcss-to2z4d-ContributorImageComponent e2hr5uu0\"\/>Consumers are hesitant to spendpublished at 06:49 BST<\/p>\n<p>06:49 BST<\/p>\n<p class=\"ssrcss-8kvzjk-Contributor etflsgg2\"><img decoding=\"async\" alt=\"\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/54ee2260-b13b-4764-8ffe-9da5e4b57d8a.jpg.webp.webp\" width=\"64\" height=\"64\" class=\"ssrcss-11yxrdo-Image edrdn950\"\/>Dharshini David<br \/>Deputy economics editor<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" alt=\"A person walks through a food market\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/f2c3eb6c-c343-4b5f-9864-4c27f817c6ab.jpg.webp.webp\"  width=\"1024\" height=\"576\" class=\"ssrcss-11yxrdo-Image edrdn950\"\/>Image source, Getty Images<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Food, energy, water, travel\u2026 the bills just seem to keep mounting.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Such increases mean inflation may have hit 4% last month (we&#8217;ll find out if that&#8217;s the case in just a few minutes).<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Many reflect global commodity price moves \u2013 but domestic factors play a part too. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Economists, including those at the Bank of England, have highlighted that the impact of government policies such as higher taxes and minimum wages have pushed up costs for some businesses and so prices in consumer facing sectors such as retail and hospitality.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">And these figures could underscore that the Bank may not be in a hurry to cut rates again, as it focuses on getting inflation back down.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But there may be hope ahead: analysts think the bulk of the rise in costs is filtering through, the inflation rate should drop back, as prices rise at a slower rate as we head into 2026.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">And that matters \u2013 not just for households but the economy, too.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Wages are now generally rising faster than prices (and these inflation figures should mean a  more generous increase in benefits next year, too). <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But scarred by the cost of living rises of the last few years, and nervous of what may yet lie ahead, consumers are hesitant to spend, holding back growth.<\/p>\n","protected":false},"excerpt":{"rendered":"Consumers are hesitant to spendpublished at 06:49 BST 06:49 BST Dharshini DavidDeputy economics editor Image source, Getty Images&hellip;\n","protected":false},"author":2,"featured_media":217175,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":{"0":"post-217262","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-news","10":"tag-top-news","11":"tag-top-stories","12":"tag-topnews","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/217262","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=217262"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/217262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/217175"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=217262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=217262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=217262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}