UK CPI July 2025: Trading sterling After Inflation Surprise
Headline inflation masks underlying weakness in price pressures The July consumer price index (CPI) reading delivered an upside surprise that initially rattled markets, with core inflation climbing to 3.8% year-on-year (YoY) against expectations of 3.7%. This marks the highest level since early 2024 and represents a significant challenge to the Bank of England’s (BoE) recent















