What Is The Current Rate Of Inflation Uk 2024. Inflation rate for 2021 was 2.52% , a 1.53% increase from 2020. Consumer price inflation time series (mm23) contact:
Inflation in the uk flatlined at the bank of england’s target of 2.0% in the 12 months to june 2024, strengthening hopes that the bank will reduce the bank rate from 5.25% to 5%. It means the annual rate prices are rising at is now below.