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Evening Standard
Evening Standard
Henry Saker-Clark

UK inflation to rise to highest in G7, warns IMF as food costs surge

International Monetary Fund G7 United Kingdom Inflation Rachel Reeves Starmer
UK price inflation forecasts were increased by the IMF for 2025 and 2026 (Yui Mok/PA) - (PA Wire)

UK inflation is set to surge to the highest in the G7 in 2025 and 2026, according to the International Monetary Fund (IMF).

In its latest outlook report, the influential economic body said price inflation in the UK would increase more sharply than expected in both years compared with previous predictions from July.

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