United Kingdom inflation rate
UK inflation summary for May 2024
Updated: June 19, 2024
Next update: July 17, 2024
Current UK inflation rate
May 2024
1.990%
The Consumer Price Index for United Kingdom is 133.921 for the month of May 2024. The inflation rate year over year is 1.990% (compared to 2.333% for the previous month). Inflation from April 2024 to May 2024 was 0.336%.
Previous UK Inflation Rate
April 2024 to May 2024
0.336%
Month-to-Month UK Inflation Rate
April 2024
2.333%
Recent inflation rates for UK
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.981% | 3.411% | 3.228% | 2.333% | 1.990% | ||||||||
| 2023 | 10.052% | 10.416% | 10.057% | 8.658% | 8.681% | 7.950% | 6.827% | 6.657% | 6.652% | 4.600% | 3.941% | 3.993% | 7.303% |
| 2022 | 5.456% | 6.177% | 7.023% | 9.011% | 9.083% | 9.412% | 10.101% | 9.870% | 10.096% | 11.052% | 10.672% | 10.528% | 9.067% |
| 2021 | 0.701% | 0.414% | 0.714% | 1.526% | 2.115% | 2.514% | 2.040% | 3.197% | 3.080% | 4.206% | 5.130% | 5.386% | 2.588% |
| 2020 | 1.769% | 1.710% | 1.523% | 0.767% | 0.480% | 0.603% | 1.040% | 0.220% | 0.532% | 0.697% | 0.315% | 0.589% | 0.851% |
Additional resources
All inflation rates are calculated using the UK Consumer Price Index (CPI) series.