Inflation Rate 2024 Uk

Inflation Rate 2024 Uk. The uk's inflation rate has risen for the first time this year, official figures show, external. The surprise fall in the uk's inflation rate comes ahead of this month's budget, with chancellor rachel reeves looking to make tax rises and spending cuts to the value of £40bn.

The rate of inflation is the change in prices for goods and services over time. House prices are poised to grow almost twice as fast as inflation in the next five years and outpace wages, forecasts suggest, in a blow to sir.