October inflation expected to cool in boost to households and Government - News Summed Up

October inflation expected to cool in boost to households and Government


Price rises cooling off across the UK could offer some respite for households after inflation has remained at the same level for three months in a row. Elevated food and drink prices have been putting pressure on overall inflation this year, with households seeing steep rises particularly for items such as chocolate, coffee, cheese and eggs. Experts think food price inflation could continue to ease in October. Furthermore, energy costs are expected to be an important factor putting downward pressure on the overall inflation rate. Ofgem raised the energy price cap by 2% in October, but this is significantly less than the 9.6% hike last year, meaning energy price inflation is set to fall.


Source: The Times November 18, 2025 16:10 UTC



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