The Consumer Prices Index rose to 3.8% in July, up from 3.6% in June, marking the highest rate since January 2024. Transport costs were the primary contributor, with air fares surging 30.2% between June and July—the largest monthly rise since 2001—as families booked summer trips. Food prices also continued to climb, adding pressure to overall inflation. The Office for National Statistics identified the sharp increase in flight prices as the main factor behind the July uptick. Inflation measures the rising price of goods and services and the rate indicates how quickly prices are increasing.
The Consumer Prices Index (CPI) rose to 3.8 per cent last month, up from 3.6 per cent in June, according to the Office for National Statistics (ONS). This marks the highest rate since January 2024, when inflation stood at 4 per cent. The ONS highlighted transport costs as the primary driver behind the increase, particularly a significant surge in flight prices.
Air fares jumped by 30.2 per cent between June and July, the largest monthly rise recorded since data collection began in 2001, as families booked trips during the school summer break. An increase in air fares was the main driver behind inflation increasing in July, the ONS said (Copyright 2025 The Associated Press. All rights reserved) Here's everything you need to know about the latest figure: What is inflation? Inflation is the term used to describe the rising price of goods and services.
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