UK Inflation Falls to 3.6% as Food Prices Jump and Markets Bet on December Rate Cut
UK inflation has finally ticked lower, dropping to 3.6% in October 2025, but any sense of relief for households is being tempered by a renewed surge in food prices and lingering pressure on living costs. The fall in the headline rate has sharpened expectations that the Bank of England could cut interest rates again in December — just as Chancellor Rachel Reeves prepares a politically pivotal budget on 26 November. SFGATE+3Office for National Statistics+3The Guardian+3 Headline inflation finally edges down Official data from the Office for National Statistics (ONS) shows the Consumer Prices Index (CPI) rose by 3.6% in the