The United Kingdom's Consumer Prices Index including Owner Occupiers’ Housing Costs (CPIH) has nudged slightly higher to reach 3.6% in January 2026. This represents a modest increase from the previous month's figure of 3.5%, according to the latest data released on January 21, 2026.
This year-over-year comparison indicates that while inflationary pressures remain present in the British economy, the rise is gradual. The CPIH measures the average change over time in prices paid by consumers for a basket of goods and services, including housing-related costs—a significant element in UK consumer spending patterns.
The data suggests that although the rise is minimal, consumers continue to face increasing costs, with potential implications for the Bank of England's monetary policy decisions. As the nation navigates these economic developments, policymakers, businesses, and consumers alike will closely monitor shifts in inflation trends impacting household budgets and the wider economic landscape.
