CBI responds to CPI inflation data for November 2025

Martin Sartorius, CBI Principal Economist, said:

“Inflation eased more than expected in November, falling noticeably below the Bank of England’s projections. The slowdown in inflation is expected to continue next year as the impact of previous price increases in energy and utilities bills fades, according to the CBI’s latest Economic Forecast.

“While we remain some way from the Bank of England’s 2% target, this latest data offers clearer evidence that underlying price pressures are continuing to ease. This outturn will strengthen the case for the Monetary Policy Committee to cut rates in December – despite ongoing debate within the Committee about the degree of inflationary persistence in the economy.”