In the 12 months to January 2026: • The Consumer Price Index (CPI) rose 3.8%, unchanged from 3.8% in the 12 months to December 2025. • The largest contributors to annual inflation were Housing (+6.8%), Food and non-alcoholic beverages (+3.1%) and Recreation and culture (+3.7%). • Trimmed mean inflation was 3.4%, up from 3.3% in the 12 months to December 2025. In the month of January, the CPI rose 0.4% in original terms and rose 0.5% in seasonally adjusted terms. Quarterly CPI data can be found in tables 17 and 18. From December 2025, the quarterly CPI data is calculated as the average of the three relevant monthly ... (full story)