Inflation Data
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All Eyes on UK Inflation Data: A Third Reading Above 2.9% Could Accelerate Rate Hikes
Markets await the release of UK CPI data for August this week, as recording a third consecutive reading above 2.9% would put pressure on the MPC to accelerate rate hike discussions in September.
8/24/2026
News
UK Inflation Rises to 2.9% in August, Exceeding Bank of England Target
The UK inflation rate rose to 2.9% in August compared to 2.6% in July, exceeding the Bank of England's 2% target, while the broader CPIH index reached 3.1%.
8/24/2026