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Tobacco and alcohol fuel surprise inflation rise

Inflation has fallen sharply recently, but ticked up to 4% in the year to December, official figures show.

United kingdomMichael racebusinessJeremy huntOffice or national statisticsImages personNational statistics

Rate cuts still expected despite inflation uptick

Inflation has fallen sharply recently, but ticked up to 4% in the year to December, official figures show.

United kingdomRed seaDjibouti generalRuth gregoryRachel reevesHargreaves lansdownDharshini davidSarah colesJeremy huntOffice or national statisticsCapital economicsPantheon macroeconomicsNational statisticsRishi sunak

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