Various research bodies have published pay data for the three months to the end of July 2024....
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May 2024 inflation data
The UK’s inflation rate in May 2024, as measured by the Consumer Price Index (CPI), was 2.0%.
The detailed inflation figures for the year to May 2024 are as follows:
- CPI inflation was 2.0% in May 2024 (Index: 133.9), down from 2.3% in the year to April
- RPI* inflation was 3.0% in May 2024 (Index: 386.4), down from 3.3% in the year to April
- CPIH inflation was 2.8% in May 2024 (Index: 132.7), down from 3.0% in the year to April
*The Office for National Statistics no longer regards the RPI as an official measure of inflation.