UK inflation live: did inflation rise in December?

Good afternoon, and welcome to our coverage of the latest UK inflation data.

The Office for National Statistics (ONS) announces the latest Consumer Prices Index (CPI) inflation data, covering the year to December 2025, tomorrow morning.

The previous release, covering November, showed a surprise drop in year-on-year inflation to 3.2%; the Bank of England had forecast a reading of 3.4% while some analysts had forecast as high as 3.6%.

But December’s read could paint a gloomier picture. The Bank of England’s latest available projections (dated 5 November) expect CPI to have risen to 3.5% in the 12 months to December, and other analysts also expect UK inflation to have risen from the previous month.

Follow us here at MoneyWeek for rolling preview analysis ahead of tomorrow’s announcement, plus live coverage of the release and reaction tomorrow morning.