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- The UK's inflation rate has risen for the first time this year, official figures show. Overall prices rose by 2.2% in the year to July, slightly above the Bank of England’s target of 2% where the rate had been since May.
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Jun 19, 2024 · Inflation has hit the Bank of England's target for the first time in almost three years. Prices rose at 2% in the year to May, down from 2.3% the month before, official figures show.
- UK inflation: How does the UK compare with other economies? - BBC
Mr Hunt said: “Inflation [in the UK] is now lower than in...
- UK inflation: How does the UK compare with other economies? - BBC
1. Main points. The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.1% in the 12 months to July 2024, up from 2.8% in June 2024. On a monthly basis, the level of...
Aug 14, 2024 · Use our inflation calculator to see how increases in the cost of living have affected you in the past year. The rate of inflation is the change in prices for goods and services over time....
- Microdata Consultation
- Alternative Data Sources
- Weights For 2024 Consumer Price Inflation Statistics
- Households and The Cost of Living
- Consumer Price Inflation Historical Estimates, UK, 1950 to 1988
- Methodology Information
- Strengths and Limitations
From March 2025, we aim to introduce grocery scanner data into headline consumer price inflation (CPI) measures. This will affect the publishing of the consumer prices item indices and price quotes microdata, in part because quote-level microdata for the groceries market will be discontinued. So that we can consider and best meet user needs when ma...
We are undertaking a programme of transformation across our consumer price statistics, including identifying new sources, improving methods, and developing systems. More information about the project and our ongoing transformation plans can be found in our updated Research and developments in the transformation of UK consumer price statistics artic...
In line with usual practice at the start of each year, the expenditure weights used in compiling the consumer price inflation statistics were updated. For the Consumer Prices Index including owner occupiers' housing costs (CPIH) and the Consumer Prices Index (CPI), they were calculated using national accounts household final consumption expenditure...
To assist individuals in understanding how the rise in inflation affects their expenditure, we have produced a personal inflation calculator. The calculator allows users to enter the amount they spend across either a reduced or a wide range of categories, to produce an estimate of their personal inflation based on those spending patterns. Our shopp...
On 18 May 2022, we published our Consumer price inflation, historical estimates, UK, 1950 to 1988 - methodology and Consumer price inflation, historical estimates and recent trends, UK: 1950 to 2022 article. These include new estimates of CPIH and improved estimates of CPI for the period 1950 to 1988. These estimates (published in response to user ...
The consumer price indices are normally based on prices collected from outlets around the country, supplemented by information collected centrally over the internet and by phone. The figures in this publication use data collected on or around 9 July 2024. Our Consumer price indices, a brief guide gives an overview of consumer price statistics, whil...
We explained our approach to Measuring changing prices and costs for consumers and householdsmost recently in December 2023 using three "use cases", and describing how they relate to the measures published and under development. The three cases refer firstly to the Consumer Prices Index including owner occupiers' housing costs (CPIH) as our lead me...
Aug 14, 2024 · The latest figures mean that prices are now rising faster across the UK than in previous months, but still at a slower pace than in 2022 and 2023 when households were hit especially...
Nov 15, 2023 · New data has shown a sharp fall in UK inflation, or the rate at which prices are rising. This was 4.6% in the 12 months to October - the lowest figure for nearly two years. It's largely down...
May 23, 2024 · Mr Hunt said: “Inflation [in the UK] is now lower than in the eurozone or in the United States of America, but prices are still a lot higher than they were a year ago.” He's...
