UK CPI y/y
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
This is considered the UK's most important inflation data because it's used as the central bank's inflation target;
- UK CPI y/y Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Dec 18, 2024 | 2.6% | 2.6% | 2.3% |
| Nov 20, 2024 | 2.3% | 2.2% | 1.7% |
| Oct 16, 2024 | 1.7% | 1.9% | 2.2% |
| Sep 18, 2024 | 2.2% | 2.2% | 2.2% |
| Aug 14, 2024 | 2.2% | 2.3% | 2.0% |
| Jul 17, 2024 | 2.0% | 1.9% | 2.0% |
| Jun 19, 2024 | 2.0% | 2.0% | 2.3% |
| May 22, 2024 | 2.3% | 2.1% | 3.2% |
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- UK CPI y/y News
From ons.gov.uk|Dec 18, 2024|1 commentThe Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.5% in the 12 months to November 2024, up from 3.2% in the 12 months to October. On a monthly basis, CPIH rose by 0.2% in November 2024, compared with a fall of 0.1% in November 2023. The Consumer Prices Index (CPI) rose by 2.6% in the 12 months to November 2024, up from 2.3% in the 12 months to October. On a monthly basis, CPI rose by 0.1% in November 2024, compared with a fall of 0.2% in November 2023. The largest upward contribution to the monthly ...
From cnbc.com|Nov 20, 2024U.K. inflation picked up sharply to a higher-than-expected 2.3% in October, data from the British Office for National Statistics showed Wednesday, tempering expectations of a December interest rate cut from the Bank of England. The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters. The latest print once again brings inflation above the Bank of England’s 2% target, potentially dampening the prospects of a final interest rate cut this year. Sterling ticked ...
From ons.gov.uk|Nov 20, 2024|4 commentsThe Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.2% in the 12 months to October 2024, up from 2.6% in September. On a monthly basis, CPIH rose by 0.6% in October 2024, up from 0.1% in October 2023. The Consumer Prices Index (CPI) rose by 2.3% in the 12 months to October 2024, up from 1.7% in September. On a monthly basis, CPI rose by 0.6% in October 2024, up from being little changed in October 2023. The largest upward contribution to the monthly change in both CPIH and CPI annual rates came from ...
From ons.gov.uk|Oct 16, 2024|7 commentsThe Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.6% in the 12 months to September 2024, down from 3.1% in August. On a monthly basis, CPIH rose by 0.1% in September 2024, down from 0.5% in September 2023. The Consumer Prices Index (CPI) rose by 1.7% in the 12 months to September 2024, down from 2.2% in August. On a monthly basis, CPI was little changed in September 2024, down from a rise of 0.5% in September 2023. The largest downward contribution to the monthly change in both CPIH and CPI annual ...
From ons.gov.uk|Sep 18, 2024|1 commentThe Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.1% in the 12 months to August 2024, unchanged from July. On a monthly basis, CPIH rose by 0.4% in August 2024, the same rate as in August 2023. The Consumer Prices Index (CPI) rose by 2.2% in the 12 months to August 2024, unchanged from July. On a monthly basis, CPI rose by 0.3% in August 2024, the same rate as in August 2023. The largest upward contribution to the monthly change in both CPIH and CPI annual rates came from air fares, which rose this ...
From ons.gov.uk|Aug 14, 2024The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.1% in the 12 months to July 2024, up from 2.8% in June 2024. On a monthly basis, the level of CPIH was little changed in July 2024, compared with a fall of 0.3% in July 2023. The Consumer Prices Index (CPI) rose by 2.2% in the 12 months to July 2024, up from 2.0% in June 2024. On a monthly basis, CPI fell by 0.2% in July 2024, compared with a fall of 0.4% in July 2023. The largest upward contribution to the monthly change in both CPIH and CPI annual ...
From cnbc.com|Aug 14, 2024European stocks are expected to open higher Wednesday as investors in the region await key inflation prints from the U.S. and U.K. The U.K.’s FTSE index is expected to open 29 points higher at 8,262, Germany’s DAX up 32 points at 17,837, France’s CAC 40 up 12 points at 7,286 and Italy’s FTSE MIB 68 points higher at 32,168, according to data from IG. U.K. inflation data out on Wednesday will be the first print since the Bank of England cut interest rates by 25 basis points last month. After two months at 2%, economists polled by ...
From ons.gov.uk|Jul 17, 2024|4 commentsThe Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.8% in the 12 months to June 2024, the same rate as the 12 months to May 2024. On a monthly basis, CPIH rose by 0.2% in June 2024, the same rate as in June 2023. The Consumer Prices Index (CPI) rose by 2.0% in the 12 months to June 2024, the same rate as the 12 months to May 2024. On a monthly basis, CPI rose by 0.1% in June 2024, the same rate as in June 2023. The largest upward contribution to the monthly change in both CPIH and CPI annual rates came ...
| Released on Dec 18, 2024 |
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| Released on Nov 20, 2024 |
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| Released on Oct 16, 2024 |
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| Released on Sep 18, 2024 |
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| Released on Aug 14, 2024 |
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| Released on Jul 17, 2024 |
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