Inflation Rate Uk 2024. The annual inflation rate in the uk edged up to 2.2% in july 2024 from 2% in june, but below forecasts of 2.3%. The annual core inflation rate in the united kingdom fell to 3.3% in july 2024, the lowest level since september 2021, from 3.5% increase in the preceding two months.
Uk inflation rose less than expected to 2.2 per cent in july as underlying price pressures fell sharply, opening the door to more interest rate cuts by the bank of. Price indices percentage changes and weights for the different measures of consumer price inflation.