Inflation falls in March 2025: Positive Money response

London, 16 April 2025 - Positive Money responds to new figures from the Office for National Statistics reporting that Consumer Price Inflation (CPI) fell to 2.6% in March 2025.

Simon Youel, Head of Policy and Advocacy at Positive Money, said: 

“Today’s figures will offer temporary relief for households and businesses, but uncertainty in the global economy can't be ignored.

“Trump's tariff war has undermined confidence and risks a wider economic slowdown, the effects of which would hit the poorest

“The Bank of England should go further and faster in cutting rates, freeing households, businesses and the government from higher borrowing costs - but if we do see a slowdown in the economy as a result of the US' policies, we need a more sophisticated approach than just rate cuts.”

Notes:

• The ONS’ full findings can be viewed here: https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/march2025 

About Positive Money: 

Positive Money is an international research and campaign organisation working to redesign our economic system for social justice and a liveable planet. Set up in the aftermath of the financial crisis, Positive Money is a not-for-profit company funded by charitable trusts and foundations, as well as small donations from its network of supporters. Find out more: www.positivemoney.org