Why is UK inflation still rising?

Published: 7/31/2025
Why is UK inflation still rising?
UK inflation is still rising, with prices up by 3.6% driven by increases in food and fuel costs, above the Bank of England's 2% target. The Bank may further cut rates to manage inflation. Food prices rose by 4.5%, impacting inflation, while core inflation rose to 3.7%. The UK aims to balance interest rates against inflation, with further rate cuts expected to address economic challenges.