All three inflation measures have fallen this month, according to the Office for National Statistics (ONS). The Consumer Prices Index including owner occupiers’ housing costs (CPIH) is showing at 3.8% for the year to October 2025, down from 4.1% in September. The Consumer Prices Index (CPI) fell by 0.2 percentage points from 3.8% in September to 3.6%; as did the Retail Prices Index (RPI) – from 4.5% to 4.3%. The largest downward contribution to the changes in all three measures came from
