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UK: Inflation rate falls to 1.7% in September 2024

Farrell & Farrell

The inflation rate in September has fallen unexpectedly to 1.7%, the lowest rate for three and a half years and below the Bank of England’s 2% target.



The Bank of England is next due to review interest rates on 7 November 2024 and it is facing rising pressure to make further cuts to the current 5% rate.



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Farrell & Farrell CA Limited (trading as Farrell & Farrell) is registered in NI with registration number NI 639336. Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry on audit work and regulated for a range of investment business activities by Chartered Accountants Ireland (CAI). Details about our audit registration can be viewed at www.auditregister.org.uk under reference number 3044856.

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