UK inflation live: inflation hit 3.4% in May

The ONS released May inflation data this morning, with CPI easing fractionally from April

Summary

  • The Office for National Statistics (ONS) released UK inflation data for the year to May 2025 today (18 June);
  • CPI hit 3.4% for May, in line with expectations and down slightly from the previous month;
  • Slowing transport inflation offset a rise in furniture and household goods prices;
  • Chancellor Rachel Reeves says there is "more to do" to bring inflation under control;
  • The Bank of England (BoE) expects inflation to rise to 3.7% by September;
  • The Consumer Prices Index (CPI) measures changes in the cost of everyday goods and services;
  • CPI jumped to 3.5% in April.
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Good afternoon and welcome to MoneyWeek’s rolling coverage of the latest UK inflation figures.

What do analysts expect for UK inflation in May?

When is May UK inflation data announced?

What is the Consumer Prices Index?

Why May inflation might be lower than expected

Charles Stanley: households are feeling the strain of inflation

Good morning, and welcome back to our UK inflation live blog. Just under 15 minutes to go until the ONS releases the latest inflation data.

BREAKING: Inflation hit 3.4% during May

Transport pricing mitigates food and furniture inflation

ONS chief economist: inflation "little changed in May"

Other May inflation metrics

Easing CPI inflation is “good news” for Reeves but rising food costs a concern

Reeves responds to May inflation figures

Middle East turmoil could push inflation higher

Correction means inflation effectively held steady in May

How does inflation affect your savings?

May inflation recap

Swipe to scroll horizontally
May 2025 inflation figures

Metric

Year-over-year change (%)

Month-over-month change (%)

CPI

3.4

0.2

CPIH

4.0

0.2

Core CPI

3.5

0.2

Why inflation is likely to stay high over the summer

How could the Middle East conflict impact inflation?

Inflation: the outlook

What’s happening with housing inflation?

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