Consumer UK inflation: what is current 2024 inflation rate, what does rise news mean for consumers - meaning explained By Alex Nelson Published 14th Aug 2024, 11:53 BST Comment Watch more of our videos on Shots! and live on Freeview channel 276 Visit Shots! now Inflation’s rise to 2.2% could impacting your budget in a number of ways 📈 Inflation rose 2.2% in July 2024, surpassing the Bank of England's 2% target It’s the first increase of the year after a period of steady declines While overall inflation increased, some areas saw decreases Prices for hotels and restaurants decreased between June and July, though they remained higher year-on-year In contrast, inflation for alcohol and tobacco rose to 7.
2% Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to The News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more.
Learn More Sorry, there seem to be some issues. Please try again later. Submitting.
.. This site is protected by reCAPTCHA and the Google Privacy Notice and Terms of Service apply.
Inflation has surpassed the Bank of England's 2% target, marking its first increase of 2024 following a period of steady decreases According to the Office for National Statistics (ONS), the Consumer Prices Index (CPI) inflation rose to 2.2% in July, up from 2% in June. Advertisement .