FAXTR
Verdict: Incorrect. CPI inflation, the measure used by the Bank of England in its target, was between 6.7% and 3.9% in autumn 2023. It was last over 10% in March 2023, though it was consistently over 10% throughout autumn 2022.

Inflation was over 10% last autumn.

Claimed by Unknown

What fact-checkers found (1)

  • Full FactIncorrect. CPI inflation, the measure used by the Bank of England in its target, was between 6.7% and 3.9% in autumn 2023. It was last over 10% in March 2023, though it was consistently over 10% throughout autumn 2022.

    2024-07-26

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