Inflation Rate 2024 Uk. Rising food and energy costs were responsible for much of this increase,. The annual inflation rate in the uk eased to 2.3% in april 2024, the lowest since july 2021, compared to 3.2% in march and market forecasts of 2.1%.
If it doesn’t, it may find that inflation data make it hard to justify a rate cut later in 2024.”. The government sets us an inflation target of 2% in order to keep inflation low and stable.