James Smith: Inflation rates converge as housing cost differences narrow

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Anastasiia Chabaniuk

26.02.2026

James Smith: Inflation rates converge as housing cost differences narrow — Inflation rates converge on housing costs

New data released by the Office for National Statistics (ONS) highlights a shift in inflationary trends, showing that inflation rates are converging as the effect of housing costs diminishes.

James Smith draws attention to the latest Household Cost Indices (HCIs) estimates, indicating that the gap in inflation experienced by different households is closing due to waning differences in housing cost contributions.

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