The UK’s annual core inflation rate eased to 3.4% in October 2025 from 3.5% in the previous month, aligning with market expectations and marking the lowest level since March. Both goods inflation (2.6% vs 2.9%) and services inflation (4.5% vs 4.7%) slowed, pointing to broad-based moderation. On a monthly basis, core consumer prices rose 0.3%, rebounding from a flat reading in September.