What Is The Inflation Rate For 2024 Uk. Uk inflation slowed to 2% in may, falling to the bank of england’s target for the first time in nearly three years as food price rises eased sharply. Inflation rate for 2021 was 2.52%, a 1.53% increase from 2020.

Prices rose faster for housing and household services (3.7% vs. What is the current rate of uk inflation?