UK to suffer highest inflation in G7 this year, says OECD

<p>International body warns British rate will be higher than that in US, despite effects of Trump tariffs</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/sep/23/gold-price-on-track-best-year-since-1979-record-high-global-economy-uk-growth-business-live-news">Business live – latest updates</a></p></li></ul><p>The UK is set to suffer the highest inflation among G7 nations this year, the Organisation for Economic Co-operation and Development (OECD) has warned.</p><p>Amid resurgent food prices, with some retailers blaming the UK government’s £25bn a year increase in employer national insurance contributions for pushing up costs, the OECD predicts that inflation in the UK will average 3.5% in 2025.</p> <a href="https://www.theguardian.com/business/2025/sep/23/global-economy-more-resilient-trump-tariffs-oecd">Continue reading...</a>