Claim False

UK CPI inflation will return to the 2% target by the end of 2025.

Andrew Bailey: UK CPI inflation will return to the 2% target by the end of 2025. Published Nov 2, 2023. Status: False. Evidence [1] shows that the UK CPI infla...

Actor: Andrew Bailey
Topic: Economy
Status: False
Published: Nov 2, 2023
Deadline: Dec 31, 2025

UK CPI inflation will return to the 2% target by the end of 2025.

FactTracker assessment

Evidence [1] shows that the UK CPI inflation rate was 3.2% in November 2025, well above the 2% target, and no...

Verification rule: Event occurs: UK CPI inflation will return to the 2% target by the end of 2025.; window 2023-11-02 to 2025-12-31

Original source: bankofengland.co.uk