Inflation Rate Uk 2024 Today. Annual inflation rate in the uk fell to 1.7% in september 2024, the lowest since april 2021, compared to 2.2% in each of the previous two months and forecasts of 1.9%. The rate of uk inflation as measured by the consumer prices index (cpi) rose to 2.3% in october, according to official figures released on 20 november.
The average increase in prices is known as the inflation rate. Official statistics are produced impartially and free from political influence.