UK Core Inflation Slightly Below Estimates

2026-06-17 06:08 By Farida Husna 1 min. read

The UK's annual core inflation rate edged up to 2.6% in May 2026 from April's nearly five-year low of 2.5%, though it came in slightly below market expectations of 2.7%.

Core goods inflation eased to 2.0% from 2.4%, while core services inflation accelerated to 3.7% from 3.2%.

On a monthly basis, core consumer prices rose 0.3%, slowing from a 0.7% increase in April and falling short of forecasts of 0.4%.

It also marked the softest monthly rise since January.



News Stream
UK Core Inflation Hits 6-Month High, Tops Forecasts
The UK's annual core inflation rate rose to 2.8% in September 2026 from 2.6% in each of the previous four months, marking its highest level since March and slightly exceeding market expectations of 2.7%. The acceleration reflected faster price growth in both goods (3.2% vs 2.7% in August) and services (3.7% vs 3.4%). On a monthly basis, core consumer prices increased by 0.2%, easing from a 0.3% rise in August.
2026-10-21
UK Core Inflation Holds at 2.6% for 4th Month
The UK's annual core inflation rate remained at 2.6% in August 2026, unchanged for the fourth consecutive month and staying at its highest level since March, in line with market expectations. Services inflation was steady at 3.4%, while goods inflation accelerated (2.7% vs 2.2% in July). On a monthly basis, core consumer prices rose 0.3%, up from a 0.2% increase in July.
2026-09-16
UK Core Inflation Holds at 2.6% for 3rd Month
The UK's annual core inflation rate remained at 2.6% in July 2026, unchanged for the third consecutive month. It stayed at its highest level since March and slightly above market expectations of 2.5%. The annual rate for CPI goods accelerated (2.2% vs 1.7% in June), while CPI services inflation eased (3.4% vs 3.6%). On a monthly basis, core consumer prices rose 0.2%, slowing from 0.3% increases in both June and May and marking the softest monthly reading since January.
2026-08-19