Current Uk Inflation Rate 2024. Uk gross domestic product (gdp) is estimated to have increased by 0.6% in quarter 2 (apr to june) 2024, following an increase of 0.7% in quarter 1 (jan to mar) 2024. Inflation measured by the consumer prices index (cpi) was 2.3% in the uk in the year to april 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%. In july 2024, the retail prices measure of inflation, or rpi, rose and remained higher than cpi: