What Is The Current Inflation Rate 2024 Uk. In july 2024, the retail prices measure of inflation, or rpi, rose and remained higher than cpi: Interest is what you pay for borrowing money,.

The ‘inflation %’ column indicates how much prices have changed since the previous year. 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%.