Inflation

(asked on 6th January 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what her Department’s latest forecasts are for the value of annual CPI inflation in (a) September 2026 and (b) September 2027.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Economic Secretary (HM Treasury)
This question was answered on 13th January 2026

HM Treasury does not produce forecasts for the UK economy. Forecasting the economy is the responsibility of the independent Office for Budget Responsibility (OBR), which published its latest forecast on 26 November 2025.

In their most recent Economic and Fiscal Outlook, the OBR forecast CPI inflation to be 2.3% in Q3 2026 and 2.0% in Q3 2027.

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