What Is The Current Inflation Rate 2024 Uk. Economists forecast annual and core inflation rates of 2.1%. Uk inflation slowed to 2.3% in april 2024, the lowest since july 2021, down from 3.2% in march, but missed the predicted drop to 2.1%.


What Is The Current Inflation Rate 2024 Uk

In the 12 months to april. Falling gas and electricity prices have driven uk inflation to its lowest level in almost three years.

The Official Cash Rate (Ocr) Has Lifted From A Covid Low Of.

Uk inflation slowed to 2.3% in april 2024, the lowest since july 2021, down from 3.2% in march, but missed the predicted drop to 2.1%.

However, This Is Still Above The Bank Of England's 2% Inflation.

In april 2024, the retail prices measure of inflation, or rpi, fell but remained higher than cpi:

Price Indices, Percentage Changes, And Weights For The Different Measures Of Consumer Price Inflation.

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Rising Food And Energy Costs Were Responsible For Much Of This.

However, this is still above the bank of england's 2% inflation.

The Uk Annual Inflation Rate Tumbled From 3.2% To 2.3%, With Core Inflation Falling From 4.2% To 3.9%.

And in the eurozone, inflation in april was 2.4%.

Return To 'Consumer Price Inflation Tables ' Provides Files To Download.