What is the current UK inflation rate?

The current UK inflation rate is 3.3%, as of March 2026.

What is the Bank of England's target inflation rate?

The Bank of England's target inflation rate is 2%.

What is the impact of higher inflation on the economy?

Higher inflation can have a significant impact on the economy, including reducing the purchasing power of money, increasing the cost of living, and reducing demand for goods and services.

What is the impact of higher inflation on individuals?

Higher inflation can have a significant impact on individuals, including reducing the purchasing power of money, increasing the cost of living, and reducing the value of savings.

What is the next interest rate decision?

The next interest rate decision is on Thursday, 18 June.

What is the current UK inflation rate?

The current UK inflation rate is 3.3%, as of March 2026.

What is the Bank of England's target inflation rate?

The Bank of England's target inflation rate is 2%.

What is the impact of higher inflation on the economy?

Higher inflation can have a significant impact on the economy, including reducing the purchasing power of money, increasing the cost of living, and reducing demand for goods and services.

What is the impact of higher inflation on individuals?

Higher inflation can have a significant impact on individuals, including reducing the purchasing power of money, increasing the cost of living, and reducing the value of savings.

What is the next interest rate decision?

The next interest rate decision is on Thursday, 18 June.

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