Forex Fundamentals
UK Inflation Rate (CPI)

UK Inflation Rate (CPI) 17 January 2024

UK Inflation Rate (CPI) 17 January 2024: 4% for December 2023, above the 3.8% forecast and up from 3.9% in November 2023. 6 of the last 12 releases came in above the forecast. Printed 4%, above the 2% target. It was released on Wed 17 Jan 2024 at 07:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Office for National Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
4%
December 2023
Forecast
3.8%
The market consensus
Previous
3.9%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat, especially if inflation remains well above 2% or services prices are firm, can strengthen sterling as markets price a tighter BoE path.

UK Inflation Rate (CPI) 17 January 2024: 4% for December 2023 against a 3.8% forecast, with the last 12 releases
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UK Inflation Rate (CPI) 17 January 2024: 4% vs 3.8% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2024-01-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Jan 2024Dec4%3.8%3.9%
20 Dec 2023Nov3.9%4.4%4.6%
15 Nov 2023Oct4.6%4.8%6.7%
18 Oct 2023Sep6.7%6.6%6.7%
20 Sep 2023Aug6.7%7%6.8%
16 Aug 2023Jul6.8%6.8%7.9%
19 Jul 2023Jun7.9%8.2%8.7%
21 Jun 2023May8.7%8.4%8.7%
24 May 2023Apr8.7%8.2%10.1%
19 Apr 2023Mar10.1%9.8%10.4%
22 Mar 2023Feb10.4%9.9%10.1%
15 Feb 2023Jan10.1%10.3%10.5%
The release before:UK Inflation Rate (CPI) 20 December 2023The release after:UK Inflation Rate (CPI) 14 February 2024UK Inflation Rate (CPI): every recent resultThis week’s economic calendar