LHV Bank comment: CPI Inflation holds at 3.8%

22 October 2025

Kris Brewster, Director of Retail Banking, LHV Bank, said:

“Today’s inflation figure shows that price pressures remain stubborn, reminding households why it’s vital to make their money work harder. Now is not the time to leave hard-earned cash sitting idle. Whilst monetary policy remains volatile, moving your money into an interest paying current account is now another genuine option alongside shopping around for better savings rates.

“Despite a rise in precautionary saving, too often money is left sitting in low-interest current and savings accounts, losing value in real terms. To take on inflation, savers need to shop around for a better bank account that earns a return on their day-to-day money and best buy savings accounts with flexibility and convenience rather than accepting 0 per cent returns. Gone are the days when people should accept poor rates from their existing bank. You can now earn interest on every penny you deposit in a bank to combat the effects of inflation.”