Air fares and food prices push up inflation in July
Published: 8/20/2025

UK inflation reached 3.8% in July due to increased air fares during the summer holidays and rising costs of food, pushing prices above the Bank of England's 2% target. The Office for National Statistics reported a surge in the cost of dining out and non-alcoholic beverages contributing to the increase. The Bank of England predicts inflation could peak at 4% in September.