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The Guardian - UK
The Guardian - UK
Business
Heather Stewart and Phillip Inman

UK to suffer highest inflation in G7 this year, says OECD

OECD Economy G7 Donald Trump United States Rachel Reeves United Kingdom GDP
Commuters walk through the City of London
The OECD predicts that inflation in the UK will average 3.5% in 2025. Photograph: Tolga Akmen/EPA

The UK is expected to suffer the highest inflation among G7 nations this year, the Organisation for Economic Co-operation and Development has said.

Amid resurgent food prices, with some retailers blaming the UK government’s £25bn-a-year increase in employer national insurance contributions (NICs) for pushing up costs, the OECD predicts that inflation in the UK will average 3.5% in 2025.

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