What Is The Current Rate Of Inflation Uk 2024. The inflation rate is based upon. In the 12 months to may.
Rising food and energy costs were responsible. Inflation measured by the consumer prices index, external (cpi) was 2.3% in the uk in the year to april 2024.
It's Part Of The Monetary Policy Action We Take To Meet The Target That The Government Sets Us To Keep.
Our inflation calculator is designed for illustrative and general reference.
The Blue Line In The Chart Represents The Uk’s Actual Inflation Rate And How It Has Varied Compared With The Bank Of England’s Continual 2% Target (Red Line).
The inflation rate is based upon.
What Is The Current Rate Of Inflation Uk 2024 Images References :
Our Monetary Policy Committee (Mpc) Sets Bank Rate.
It's part of the monetary policy action we take to meet the target that the government sets us to keep.
In May 2024, The Retail Prices Measure Of Inflation, Or Rpi, Fell But Remained Higher Than Cpi:
Falling inflation is expected to lead to a cut in interest.