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The Independent UK
The Independent UK
Simon Calder

How a bizarre summer air fare decision led to the UK’s inflation surge

Inflation Office for National Statistics United Kingdom Ryanair

The reason inflation surged by more than the markets were expecting last month is down to a quirk in the way the Office for National Statistics (ONS) chose to compare air fares.

The statisticians used a bizarre methodology that compared term-time prices in 2024 with peak holiday fares in 2025.

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