Rising inflation in the UK: consumer prices rose again in July
August 14, 2024
The Consumer Prices Index including owner-occupied housing costs (CPIH) in the UK rose by 3.1% in the 12 months to July 2024, compared with 2.8% in June 2024. On a monthly basis, the CPIH level remained almost unchanged in July 2024, compared with a fall of 0.3% in July 2023. The CPI rose 2.2% in the 12 months to July 2024, compared with 2.0% in June 2024. On a month-on-month basis, the CPI declined 0.2% in July 2024, lower than the 0.4% decline recorded a year earlier in July 2023.
