Cpi Index 2024 Uk. So if the consumer prices index (cpi) inflation rate is more than 3% or less than 1%, our governor writes a letter to the chancellor to explain why and they set out what we'll do to get it back to 2%. Annual and monthly inflation rates in the united kingdom from 1956.

Inflation rate for 2020 was 0.99%, a 0.75% decline from 2019. The calculator uses consumer price index (cpi) inflation data from the office for national statistics from 1988 onward.