VerbatimParliament, as it happens

Inflation

Asked by David SimmondsConservativeTreasuryTabled Answered 13 January 2026UIN 103456

The question

To ask the Chancellor of the Exchequer, what her Department’s latest forecasts are for the value of annual CPI inflation in (a) September 2026 and (b) September 2027.

Answered by Lucy Rigby

HM Treasury does not produce forecasts for the UK economy. Forecasting the economy is the responsibility of the independent Office for Budget Responsibility (OBR), which published its latest forecast on 26 November 2025.

In their most recent Economic and Fiscal Outlook, the OBR forecast CPI inflation to be 2.3% in Q3 2026 and 2.0% in Q3 2027.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim