2024 Inflation Rate Uk. The bank rate currently stands at 5.25%, while uk inflation in the 12 months to may 2024 was 2.3%. In september 2024, the retail prices measure of inflation, or rpi, rose and remained higher than cpi:
Use our inflation calculator to check how prices in the uk have changed over time, from 1209 to now. This influences the rates that banks and building societies across the uk charge their customers for.