UK inflation is up for second month in a row - will prices keep rising?

Inflation has hit its highest level for eight months, will prices continue to rise at a faster rate?

Topics

UK inflation rises to 2.6% in November

Figure cements expectations Bank of England will hold interest rates steady on Thursday
Financial Times - 8h
UK inflation rises to 2.6% in November, in line with expectations

UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.
CNBC - 9h
UK inflation rate hits highest level for eight months

Economists say the faster pace of price rises all but rules out an interest rate cut on Thursday.
BBC News - 5h
Why are prices rising in the UK?

The rate at which prices are rising remains higher than the Bank of England's 2% inflation target.
BBC News - 7h
UK economy shrinks unexpectedly for second month in a row

The economy had been expected to return to growth but it contracted by 0.1%.
BBC News - 5d
UK economy shrinks for second month, contracting 0.1% in October

It marked the country's second consecutive economic downturn, following a 0.1% GDP decline in September.
CNBC - 5d
What to know after inflation rises for a second straight month

CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what to know about the prices of products after the Consumer Price Index report for November showed inflation went up for ...
CBS News - 6d
UK property asking prices set to rise by 4% in 2025

Average mortgage rates are also predicted to fall to around 4% by the end of next year, says Rightmove.
Yahoo Sports - 6d
Price growth ticked up in November as inflation progress stalls

Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling.
NBC News - Dec. 11