{"id":2179,"date":"2025-02-10T15:55:32","date_gmt":"2025-02-10T18:55:32","guid":{"rendered":"https:\/\/traveldestimiles.com\/?p=2179"},"modified":"2025-02-10T18:27:44","modified_gmt":"2025-02-10T21:27:44","slug":"the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/","title":{"rendered":"The Complete Guide to UK’s Ongoing Inflation Fight: What You Need to Know"},"content":{"rendered":"

Understanding the Current Inflation Landscape<\/h2>\n

Overview of UK’s Inflation Journey<\/strong><\/h3>\n

The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.<\/p>\n

Inflation is a pressing concern when it climbs far above the Bank of England’s target rate of 2%.<\/p>\n

This was exactly what the country faced not too long ago, leading to various policies aimed at stabilizing the economy.<\/p>\n

Bank of England’s Target Rate Challenges<\/strong><\/h3>\n

One of the primary goals of the Bank of England has always been to manage inflation by keeping it close to their target rate of 2%.<\/p>\n

Meeting this target is not an easy task, especially given the unexpected economic shocks. The bank has forecasted that inflation will drop to 2.5% by December 2024.<\/p>\n

This marks a significant improvement, but it’s still above the target rate, indicating ongoing challenges in reining in inflationary pressures.<\/p>\n

According to Huw Pill, the central bank’s chief economist, a cautious approach is necessary to prevent backsliding into higher inflation levels given the persistent price pressures and resilient wage growth.<\/p>\n

Projected Inflation Peak<\/strong><\/h3>\n

Despite efforts to manage inflation, projections indicate that inflation could peak again at 3.7% by the autumn of 2024.<\/p>\n

This prediction accounts for several key factors: rising energy costs, the influence of regulated utility prices, and the effects of various government policies.<\/p>\n

These elements collectively contribute to the continued upward pressure on inflation, making it clear why a careful, vigilant approach in monetary policy decisions is paramount.<\/p>\n

Continuing to manage these inflationary issues requires a delicate balance.<\/p>\n

While the ultimate aim is to control inflation, the larger picture of economic stability must also remain in focus.<\/p>\n

Through ongoing monitoring and cautious policy implementation, the Bank of England works to strike this balance effectively.<\/p>\n

\"The<\/p>\n

Key Drivers Behind Inflation Pressures<\/h2>\n

Impact of Rising Energy Costs and Colder Than Expected Winter<\/strong><\/h3>\n

The surge in energy costs has been a significant driver of inflation pressures in the UK.<\/p>\n

A colder-than-expected winter in Europe led to an increase in energy consumption, which in turn drove up prices.<\/p>\n

Rising wholesale energy costs have had a direct impact on UK households and businesses, causing energy bills to spike.<\/p>\n

This has contributed to the overall inflation rate, making it challenging to achieve the Bank of England’s target of 2%.<\/p>\n

Role of Regulated Utility Prices and Government Policies<\/strong><\/h3>\n

Regulated utility prices and government policies also play a crucial role in shaping inflation pressures.<\/p>\n

Recent changes in regulated prices have added roughly 0.5 percentage points to the headline inflation rate.<\/p>\n

For instance, the increase in water bills and the lifting of the cap on bus fares are specific examples of how regulatory decisions impact living costs.<\/p>\n

Additionally, the introduction of VAT on private school fees has further strained household budgets, reinforcing the persistence of inflationary pressures.<\/p>\n

Influence of Wage Growth on Persistent Price Pressures<\/strong><\/h3>\n

Wage growth remains a key factor in the current inflation landscape.<\/p>\n

Despite a slowdown in some economic activities, average wage growth has shown resilience.<\/p>\n

This persistent wage growth indicates that price pressures are not dissipating as quickly as anticipated.<\/p>\n

Employers are compelled to raise wages to attract and retain talent, which subsequently translates to higher production costs and prices for goods and services.<\/p>\n

This cycle of rising wages and prices perpetuates inflationary trends, making it difficult for the Bank of England to declare “job done” in combating inflation.<\/p>\n

Looking closely at these key drivers, it becomes clear that the challenges in curbing inflation are multifaceted and require a nuanced approach.<\/p>\n

Understanding the various factors at play helps in appreciating the complexities involved in managing inflation and paves the way for informed policy decisions moving forward.<\/p>\n

Bank of England’s Strategic Response<\/h2>\n

Recent quarter-point base rate cut to 4.5%<\/strong><\/h3>\n

The Bank of England has recently taken a significant step to address inflation by reducing the key base rate by a quarter point to 4.5%.<\/p>\n

This decision marks the third reduction in borrowing costs in six months.<\/p>\n

The aim is to ease the financial burden on households and businesses, thereby stimulating economic activity.<\/p>\n

Rationale behind ‘cautious’ approach to interest rate reductions<\/strong><\/h3>\n

However, this move comes with a substantial dose of caution.<\/p>\n

The Bank\u2019s chief economist, Huw Pill, emphasizes the necessity of a careful approach due to persistent inflationary pressures.<\/p>\n

Despite predictions that inflation might fall to 2.5% by December 2024, projections of a peak of 3.7% in the autumn signal that challenges persist.<\/p>\n

Resilient wage growth and soaring energy costs contribute significantly to this inflationary environment.<\/p>\n

Pill underscores that while a reduction in the base rate is intended to promote economic activity, the Bank must tread carefully.<\/p>\n

The danger lies in prematurely declaring victory over inflation.<\/p>\n

As he stated, it’s not a \u201cjob done\u201d scenario, with the need to avoid igniting further inflationary activity being paramount.<\/p>\n

Balance between controlling inflation and supporting economic growth<\/strong><\/h3>\n

The Bank of England faces a delicate balancing act.<\/p>\n

On one hand, it aims to control inflation to protect living standards and economic stability.<\/p>\n

On the other hand, stringent measures can stifle economic growth.<\/p>\n

Finding the middle ground where inflation is kept in check without halting economic momentum is the central challenge.<\/p>\n

By cautiously lowering interest rates, the Bank hopes to stimulate spending while monitoring inflation closely to prevent a resurgence.<\/p>\n

The journey ahead requires vigilance and sustained effort.<\/p>\n

While the latest rate cut is a step towards economic support, the Bank remains on alert for any signs that additional measures might be needed to keep inflation in check.<\/p>\n

Maintaining this balance will be crucial as UK households and businesses navigate the evolving financial landscape.<\/p>\n

Impact on UK Households<\/h2>\n

Fresh Squeeze on Living Standards<\/strong><\/h3>\n

As UK households navigate inflation’s effects, a fresh squeeze on living standards looms large.<\/p>\n

The Bank of England’s efforts to manage rising prices through measured interest rate adjustments bring both hope and caution.<\/p>\n

Despite a recent quarter-point base rate cut to 4.5%, the anticipated inflation peak of 3.7% this autumn suggests further challenges ahead.<\/p>\n

Families across the UK may find their purchasing power eroded, as wages struggle to keep pace with escalating costs.<\/p>\n

Effects of Increasing Energy Prices and Utility Bills<\/strong><\/h3>\n

Energy prices, a significant driver of inflation, have risen sharply due to a colder than expected winter, amplifying household bills.<\/p>\n

The UK has seen wholesale energy costs soar, leading to increased expenditure on heating and electricity.<\/p>\n

Simultaneously, regulated utility prices add to the burden.<\/p>\n

Factors such as lifting the cap on bus fares and increases in water bills further strain household budgets, exacerbating the financial pressure on consumers.<\/p>\n

Implications of Policy Changes Including VAT on Private School Fees<\/strong><\/h3>\n

Amidst these economic pressures, recent government policies also play a role.<\/p>\n

The introduction of VAT on private school fees, for instance, contributes an estimated 0.5 percentage points to headline inflation.<\/p>\n

This policy change not only affects budgeting for private education but also ripples across other economic areas.<\/p>\n

Families finding themselves adjusting to new financial realities may see prioritization shifts, impacting overall spending behavior.<\/p>\n

Understanding these nuanced impacts on UK households highlights the complexity of the Bank’s inflation-control strategies.<\/p>\n

As economic challenges persist, maintaining a vigilant and balanced approach remains essential for both ensuring inflation does not spiral and supporting household economic stability.<\/p>\n

This dynamic landscape necessitates ongoing observation and strategic action to navigate the inflationary headwinds effectively.<\/p>\n

Looking Ahead: Challenges and Vigilance<\/h2>\n

Bank’s Ongoing Monitoring of Inflationary Risks<\/strong><\/h3>\n

The Bank of England (BoE) remains vigilant in monitoring the persistent risks associated with inflation.<\/p>\n

This involves regularly assessing factors like wage growth and energy prices, which have consistently contributed to upward price pressures.<\/p>\n

According to Chief Economist Huw Pill, the BoE cannot afford to adopt a complacent attitude despite recent cuts in interest rates.<\/p>\n

This cautious stance is essential to avoid underestimating the lingering inflationary signals in the economy.<\/p>\n

Importance of Careful Approach in Monetary Policy Decisions<\/strong><\/h3>\n

Pill’s call for a ‘cautious’ approach to interest rate reductions underscores the BoE’s commitment to an incremental and careful strategy.<\/p>\n

This approach is designed to balance the need to stimulate economic activity without exacerbating inflation.<\/p>\n

Each decision to adjust the bank rate involves a nuanced consideration of current economic data and projections.<\/p>\n

The key is to avoid aggressive monetary policy shifts that could destabilize the economy.<\/p>\n

Instead, the BoE aims for a gradual lifting of monetary restrictions to manage inflation effectively without stifling growth.<\/p>\n

Future Outlook for Inflation Control and Economic Stability<\/strong><\/h3>\n

Looking ahead, the BoE projects that inflation will remain above its 2% target, peaking at around 3.7% in autumn 2024.<\/p>\n

This projection stems from various factors including a colder winter that has driven up energy costs unexpectedly, as well as government policies influencing regulated utility prices.<\/p>\n

By maintaining a vigilant and proactive stance, the BoE aims to navigate these inflationary challenges while supporting economic stability.<\/p>\n

This balance will be crucial as households continue to face rising living costs and the broader economy strives for gradual recovery.<\/p>\n","protected":false},"excerpt":{"rendered":"

The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.<\/p>\n","protected":false},"author":13,"featured_media":2388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"yes","footnotes":""},"categories":[40],"tags":[],"class_list":["post-2179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finances-en-gb"],"yoast_head":"\nThe Complete Guide to UK's Ongoing Inflation Fight: What You Need to Know - Travel<\/title>\n<meta name=\"description\" content=\"The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Complete Guide to UK's Ongoing Inflation Fight: What You Need to Know - Travel\" \/>\n<meta property=\"og:description\" content=\"The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/\" \/>\n<meta property=\"og:site_name\" content=\"Travel\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-10T18:55:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-10T21:27:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2025\/02\/The-Complete-Guide-to-UKs-Ongoing-Inflation-Fight-What-You-Need-to-Know.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Matheus Neiva\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matheus Neiva\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/\"},\"author\":{\"name\":\"Matheus Neiva\",\"@id\":\"https:\/\/traveldestimiles.com\/#\/schema\/person\/9170f0f4fb7fdc5ea0b00c624df92a43\"},\"headline\":\"The Complete Guide to UK’s Ongoing Inflation Fight: What You Need to Know\",\"datePublished\":\"2025-02-10T18:55:32+00:00\",\"dateModified\":\"2025-02-10T21:27:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/\"},\"wordCount\":1494,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/traveldestimiles.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2025\/02\/The-Complete-Guide-to-UKs-Ongoing-Inflation-Fight-What-You-Need-to-Know.webp\",\"articleSection\":[\"Finances\"],\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/\",\"url\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/\",\"name\":\"The Complete Guide to UK's Ongoing Inflation Fight: What You Need to Know - Travel\",\"isPartOf\":{\"@id\":\"https:\/\/traveldestimiles.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2025\/02\/The-Complete-Guide-to-UKs-Ongoing-Inflation-Fight-What-You-Need-to-Know.webp\",\"datePublished\":\"2025-02-10T18:55:32+00:00\",\"dateModified\":\"2025-02-10T21:27:44+00:00\",\"description\":\"The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.\",\"breadcrumb\":{\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"In\u00edcio\",\"item\":\"https:\/\/traveldestimiles.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Complete Guide to UK’s Ongoing Inflation Fight: What You Need to Know\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/traveldestimiles.com\/#website\",\"url\":\"https:\/\/traveldestimiles.com\/\",\"name\":\"Travel\",\"description\":\"All informations in one place\",\"publisher\":{\"@id\":\"https:\/\/traveldestimiles.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/traveldestimiles.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/traveldestimiles.com\/#organization\",\"name\":\"Travel\",\"url\":\"https:\/\/traveldestimiles.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/traveldestimiles.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2024\/02\/cropped-Travel-Logo.webp\",\"contentUrl\":\"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2024\/02\/cropped-Travel-Logo.webp\",\"width\":325,\"height\":216,\"caption\":\"Travel\"},\"image\":{\"@id\":\"https:\/\/traveldestimiles.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/traveldestimiles.com\/#\/schema\/person\/9170f0f4fb7fdc5ea0b00c624df92a43\",\"name\":\"Matheus Neiva\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/traveldestimiles.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/97fd1d153f711f23649ae8fa554adb9c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/97fd1d153f711f23649ae8fa554adb9c?s=96&d=mm&r=g\",\"caption\":\"Matheus Neiva\"},\"url\":\"https:\/\/traveldestimiles.com\/author\/matheus\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Complete Guide to UK's Ongoing Inflation Fight: What You Need to Know - Travel","description":"The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/","og_locale":"pt_BR","og_type":"article","og_title":"The Complete Guide to UK's Ongoing Inflation Fight: What You Need to Know - Travel","og_description":"The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.","og_url":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/","og_site_name":"Travel","article_published_time":"2025-02-10T18:55:32+00:00","article_modified_time":"2025-02-10T21:27:44+00:00","og_image":[{"width":750,"height":375,"url":"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2025\/02\/The-Complete-Guide-to-UKs-Ongoing-Inflation-Fight-What-You-Need-to-Know.webp","type":"image\/webp"}],"author":"Matheus Neiva","twitter_card":"summary_large_image","twitter_misc":{"Escrito por":"Matheus Neiva","Est. tempo de leitura":"9 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#article","isPartOf":{"@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/"},"author":{"name":"Matheus Neiva","@id":"https:\/\/traveldestimiles.com\/#\/schema\/person\/9170f0f4fb7fdc5ea0b00c624df92a43"},"headline":"The Complete Guide to UK’s Ongoing Inflation Fight: What You Need to Know","datePublished":"2025-02-10T18:55:32+00:00","dateModified":"2025-02-10T21:27:44+00:00","mainEntityOfPage":{"@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/"},"wordCount":1494,"commentCount":0,"publisher":{"@id":"https:\/\/traveldestimiles.com\/#organization"},"image":{"@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#primaryimage"},"thumbnailUrl":"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2025\/02\/The-Complete-Guide-to-UKs-Ongoing-Inflation-Fight-What-You-Need-to-Know.webp","articleSection":["Finances"],"inLanguage":"pt-BR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/","url":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/","name":"The Complete Guide to UK's Ongoing Inflation Fight: What You Need to Know - Travel","isPartOf":{"@id":"https:\/\/traveldestimiles.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#primaryimage"},"image":{"@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#primaryimage"},"thumbnailUrl":"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2025\/02\/The-Complete-Guide-to-UKs-Ongoing-Inflation-Fight-What-You-Need-to-Know.webp","datePublished":"2025-02-10T18:55:32+00:00","dateModified":"2025-02-10T21:27:44+00:00","description":"The United Kingdom has had a turbulent inflation journey from its peak of 11% in the second half of 2022 to its current levels.","breadcrumb":{"@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/traveldestimiles.com\/en-gb\/the-complete-guide-to-uks-ongoing-inflation-fight-what-you-need-to-know\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"In\u00edcio","item":"https:\/\/traveldestimiles.com\/"},{"@type":"ListItem","position":2,"name":"The Complete Guide to UK’s Ongoing Inflation Fight: What You Need to Know"}]},{"@type":"WebSite","@id":"https:\/\/traveldestimiles.com\/#website","url":"https:\/\/traveldestimiles.com\/","name":"Travel","description":"All informations in one place","publisher":{"@id":"https:\/\/traveldestimiles.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/traveldestimiles.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/traveldestimiles.com\/#organization","name":"Travel","url":"https:\/\/traveldestimiles.com\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/traveldestimiles.com\/#\/schema\/logo\/image\/","url":"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2024\/02\/cropped-Travel-Logo.webp","contentUrl":"https:\/\/traveldestimiles.com\/wp-content\/uploads\/2024\/02\/cropped-Travel-Logo.webp","width":325,"height":216,"caption":"Travel"},"image":{"@id":"https:\/\/traveldestimiles.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/traveldestimiles.com\/#\/schema\/person\/9170f0f4fb7fdc5ea0b00c624df92a43","name":"Matheus Neiva","image":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/traveldestimiles.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/97fd1d153f711f23649ae8fa554adb9c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/97fd1d153f711f23649ae8fa554adb9c?s=96&d=mm&r=g","caption":"Matheus Neiva"},"url":"https:\/\/traveldestimiles.com\/author\/matheus\/"}]}},"_links":{"self":[{"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/posts\/2179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/comments?post=2179"}],"version-history":[{"count":3,"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/posts\/2179\/revisions"}],"predecessor-version":[{"id":2389,"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/posts\/2179\/revisions\/2389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/media\/2388"}],"wp:attachment":[{"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/media?parent=2179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/categories?post=2179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/traveldestimiles.com\/wp-json\/wp\/v2\/tags?post=2179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}