UK Core Inflation Rate Edges Down to 3-Month Low

The United Kingdom's annual core inflation rate inched lower to 3.4% in March 2025 from 3.5% in the previous month, matching market consensus while marking its lowest reading since December.

The annual CPI goods rate eased (0.6% vs 0.8% in February), and the CPI services rate also slowed (4.7% vs 5.0%).

On a monthly basis, core consumer prices rose by 0.5%, the largest increase in ten months, following a 0.4% gain in February.

It was in line with expectations.