United Kingdom Core Inflation Rate

Last Release

Nov 30, 2024

Actual

3.5

Units In

3.3

Frequency

Monthly

Next Release

Jan 15, 2025

Time to Release

26 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
7.1 May 2023	-0.1 Jun 2000	2.04 %	1997-2024	Office for National Statistics

In the United Kingdom, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Latest Updates

The annual core inflation rate in the United Kingdom increased to 3.5% in November 2024, up from 3.3% in the previous month, marking the highest level since August. However, this figure was slightly below market forecasts of 3.6%. The annual CPI services rate remained steady at 5.0%, while the annual CPI goods rate rose by 0.4% after a previous decline of 0.3%. On a monthly basis, core consumer prices were unchanged, following a 0.4% rise in October.