英国国家经济和社会研究所-月度CPI跟踪-核心通胀缓和（英）-2025.1_6页_381kb

Annual CPI inflation slightly decreased to 2.5% in December 2024 but is expected to rise in January due to base effects before easing again. Core CPI fell to 3.2%, indicating a reduction in underlying inflationary pressures. Global uncertainty, including the Trump presidency, is heightening inflation expectations, and while the MPC may cut rates gradually in 2025, the Bank is expected to remain cautious, with rates potentially staying higher for longer. The analysis draws from ONS data and includes detailed breakdowns of consumer price index changes to separate signal from noise.