Inflation Targeting | Topics | Economics | tutor2u

Explore

GCSE

A-Level

BTEC, T-Level, IB, WJEC

More for students

Shop

Cinema revision workshops

Online courses

Revision livestreams

Examiner AI

Personal tuition
Subjects

Biology

Business

Criminology

Early Childhood Development

Economics

Geography

Health & Social Care

History

Law

Politics

Psychology

Sociology

Quick links

Shop

CPD courses & events

Find an interim teacher

Jobs board

Examiner AI

Student events & courses

Cinema revision workshops

Online student courses

Revision livestreams
Examiner AI
Shop

Sign in

Topics

Inflation Targeting

The Bank of England aims to keep inflation, measured by the Consumer Price Index (CPI), at a target level (currently 2%). This helps maintain price stability and provides a predictable economic environment for businesses and consumers.

See also

Macro Case Study: Bank of England and inflation

Topical case studies
In the News Teaching Activity – why is UK inflation still above target? (Sept 2025)

22nd September 2025
CPI Basket 2025: What’s In, What’s Out & Why It Matters!

18th March 2025
Bank of England Eyes Interest Cuts as Inflation Hits Three-Year Low

17th October 2024
In the News Teaching Activity – inflation remains at 2.2% but core inflation is up (Sept 2024)

23rd September 2024
IB Economics - Monetary Policy and Inflation Targeting

Study Notes
IB Economics - Consequences of Inflation

Study Notes
IB Economics - Inflation, Disinflation and Deflation

Study Notes
In the News Teaching Activity – is UK inflation going to stay in its target range? (June 2024)

24th June 2024
In the News Teaching Activity – with inflation back in its target range, is the cost-of-living crisis over? (May 2024)

30th May 2024
In the News Teaching Activity – Will the Bank of England cut base rates this summer? (May 2024)

16th May 2024
Is the UK's inflation target fit for purpose?

1st February 2024
UK Economy - Inflation Rises to 4%

17th January 2024
In the News Teaching Activity –the UK macroeconomy 2023 highlights (Jan 2024)

4th January 2024
Key Update on the UK Economy - December 2023

27th November 2023
In the News Teaching Activity – China’s economy experiences deflation in October (Nov 2023)

20th November 2023
UK Economy - What is Causing the Steep Fall in Inflation?

16th November 2023
In the News Teaching Activity: A Surprise Fall in the Rate of Inflation (Sept 2023)

25th September 2023
2.1.2 Inflation (Edexcel)

Study Notes
2.1.2 Introduction to Inflation (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
4.2.3.3. Inflation and Deflation (AQA A Level Economics Teaching Powerpoint)

Teaching PowerPoints
2.1.2 Policies to Control Inflation (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
2.1.2 Consequences of Inflation (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
What is creeping inflation?

Study Notes
UK Economy - Inflation Falls to Below 8%

19th July 2023
Stagflation - How labour shortages are causing rising prices and interest rates

13th June 2023
Why does the UK have the highest inflation in G7?

6th June 2023
UK Economy Update: Inflation Rate Drops to 8.7%

24th May 2023
Inflation has made us poorer but whose fault is it?

1st May 2023
UK Economy - Do Higher Interest Rates Control Inflation?

Topic Videos
UK Economy - How Best to Bring Down Inflation?

Topic Videos
Inflation remains stubbornly high above 10%

20th April 2023
High inflation and shoe leather costs

28th March 2023
CPI Basket Changes for 2023 are Announced

13th March 2023
How can a central bank combat high inflation?

Study Notes
Policies to Control Inflation

Study Notes
Four Reasons to Expect Falling Inflation during 2023

27th December 2022
Explaining the difference between Disinflation and Deflation

19th December 2022
Has UK inflation peaked?

15th December 2022
Are we reaching a turning point for inflation?

14th December 2022
Inflation Reaches 11% - A Look Inside Britain's Cost of Living Crisis

16th November 2022
Inflation reaches 10.1% - will the Triple Lock for pensions be maintained?

19th October 2022
Bank of England raises interest rates to 2.25% - highest level for 14 years

22nd September 2022
UK inflation and interest rates - a quick update

14th September 2022
Is this a time for central banks to be more cautious in raising interest rates?

12th September 2022
Bank of England raises interest rates and now forecasts a recession in 2023

4th August 2022
Could UK inflation reach 15% by the start of 2023?

4th August 2022
What is profit-push inflation?

24th July 2022
Economics made simple: 10 experts on the cost of living crisis

17th July 2022
Inflation (Quizlet Revision Activity)

Quizzes & Activities
Interest Rates and Inflation - Chains of Reasoning

Topic Videos
UK Economy - The Surge in Inflation

Topic Videos
US Economy - Inflation jumps to highest level in thirty years

11th November 2021
Economics of Inflation - The Wage-Price-Spiral

Topic Videos
Inflation - Are the musings of the MPC irrelevant in the inflation debate?

21st October 2021
Supply Crunch - Inflation to remain higher for two years, warns OECD

22nd September 2021
Inflation - Sri Lanka in economic emergency as food prices soar

1st September 2021
UK Economy - Policy Focus - Minimum Wages and Inflation

Topic Videos
Is double digit inflation a relic of the past?

16th May 2021
UK CPI Inflation Surges to 2.3%

21st March 2017
Inflation and Deflation - 2021 Revision Update

Topic Videos
Macroeconomic Objectives (2020 Update)

Topic Videos
Bank of Jamaica Inflation-Targeting Dubplate for 2020

29th August 2020
Benefits and Costs of High Inflation for a Government

Topic Videos
Evaluating Monetary Policy (Online Lesson)

Online Lessons
The Consumer Price Index

Topic Videos
Macro Policies to avoid an Economic Recession

Topic Videos
UK Economy Update 2019: Monetary and Fiscal Policy

Topic Videos
UK Economy Update 2019: Inflation and Unemployment

Topic Videos
Alexa joins the Consumer Price Index!

11th March 2019
Measuring inflation and the impact on our everyday lives

23rd January 2019
Why is high inflation a problem?

Study Notes
The UK Economy in 2018 - Essential Exam Update

Topic Videos
Inflation - Measuring Inflation

Study Notes
Unintended consequences of inflation targets

27th November 2018
The Changing Phillips Curve in the UK Economy

Study Notes
Economics Exam Context for 2018

Study Notes
Monetary Policy - The Bank of England

Study Notes
Economic Growth - Disadvantages

Study Notes
Inflation (Update Summer 2018)

Topic Videos
UK Inflation - Building Questions Around the Data

Study Notes
The absurdity of controlling inflation by adjusting interest rates

25th October 2017
Reduced Fear of Deflation in the Euro Area

16th June 2017
Secret History of Inflation from Black Wednesday to Brexit

7th May 2017
Raising the Inflation Target (Evaluation Skills Video)

Topic Videos