The Changing Rate of Inflation
Often considered the more dependable measure of the actual level of inflation, the Consumer Price Index (CPI) was introduced in 2003 and measures, on a monthly basis, the average change in prices over time for goods and services that the average household will buy.
CPI Trackers
Our monthly CPI Tracker looks in detail at changes in the prices to get a measure of underlying inflation
Inflation Holds Steady at Four Per Cent, But is Set to Fall in Coming Months
14 Feb 2024
CPI Trackers
Downward Contributions in Nearly all Categories Bring CPI to 3.9%
20 Dec 2023
CPI Trackers
CPI Holds at 6.7 per cent as Measures of Underlying Inflation Remain High
18 Oct 2023
CPI Trackers
Large Falls in Underlying Inflation Ahead of Tomorrow’s MPC Meeting
20 Sep 2023
CPI Trackers
Welcome Fall in Headline Rate Despite Little Movement in Underlying Measures
19 Jul 2023
CPI Trackers
Energy Prices Drive Fall in CPI, Masking Worrying Underlying Trends
24 May 2023
CPI Trackers
Unexpected Rise in Inflation Complicates Tomorrow’s MPC Decision
22 Mar 2023
CPI Trackers
Moderate Fall In Inflation In January Masks A Serious Fall In Real Wages
15 Feb 2023
CPI Trackers
Underlying Inflation Reaches New Record High Ahead of MPC Meeting Tomorrow
14 Dec 2022
CPI TrackersTrackers
Difficult Challenges Ahead for MPC with Underlying inflation in the UK Hitting Record High
19 Oct 2022
CPI Trackers
Although the Latest Fall in UK Inflation in August to 9.9 per cent Looks Positive, Underlying Inflation Still Remains at Record High Levels
14 Sep 2022
CPI Trackers
No Respite For UK Consumers As UK Inflation Surges To 10.1 Per Cent
17 Aug 2022
CPI Trackers
Underlying Inflation in the UK Rises to 6.2 Per Cent, the Highest Since January 1992!
20 Jul 2022
CPI Trackers
UK Inflation Marginally Increased to 9.1 per cent in May, Predominately Due to Surging Food Prices
22 Jun 2022
CPI Trackers
UK inflation in April surged to 9 per cent, marking the highest monthly increase since the 1980s
18 May 2022
CPI Trackers
No respite for UK consumers and the Bank of England as inflation hits 7 per cent
13 Apr 2022
CPI Trackers
Consumers forced to tighten their belts further as underlying inflation exceeds 5 per cent
23 Mar 2022
CPI Trackers
Blog Posts
Each month our expert on inflation summarises what the change in the CPI rate means, and what we can expect in the future
CPI Inflation Rose in December 2023, But is Likely to Fall Below 3 per cent by May
17 Jan 2024
7 min read
Record Breaking Fall in Inflation to 4.7% in October, With Inflation Set to Fall to 2-3% by May 2024
15 Nov 2023
5 min read
CPI Inflation Holds Steady at 6.7 per cent in September and Set to Fall to 5 per cent in October
18 Oct 2023
6 min read
Inflation Falls Less than Expected, with Inflationary Pressures Persisting
19 Apr 2023
8 min read
Inflation Rises to 10.4 per cent with a Bounce Back from the Big January Sales
22 Mar 2023
10 min read
Inflation Falls in November to 10.7%, but Monthly Inflation Remains Strong
14 Dec 2022
10 min read
What next after the largest month on month rise in the CPI since April 1993
17 Nov 2021
10 min read
Topical blogs
Blogs on the wider implications of inflation
Breakdown of CPI by UK and Devolved Nations
Associate Economist Ed Cornforth explains the basics of inflation.
In a follow up to our first video on inflation, Paula Bejarano Carbo explains why current inflation has been so high for so long.
Further reading
Energy Expenditures and CPI Inflation in 2022: Inflation Was Even Higher Than We Thought
20 Jul 2023
Discussion Papers