UK Inflation Rate (CPI)

UK Inflation Rate (CPI) 14 August 2024

UK Inflation Rate (CPI) 14 August 2024: 2.2% for July 2024, below the 2.3% forecast and up from 2% in June 2024. It is the highest reading since April 2024. 6 of the last 12 releases came in below the forecast. Printed 2.2%, above the 2% target. It was released on Wed 14 Aug 2024 at 06:00 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
2.2%
July 2024
Forecast
2.3%
The market consensus
Previous
2%
As the source gives it

What a print like this usually does

Below the forecast: A clear miss or move closer to target can weaken sterling if traders expect earlier or faster rate cuts.

UK Inflation Rate (CPI) 14 August 2024: 2.2% for July 2024 against a 2.3% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

UK Inflation Rate (CPI) 14 August 2024: 2.2% vs 2.3% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2024-08-14

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
14 Aug 2024Jul2.2%2.3%2%
17 Jul 2024Jun2%1.9%2%
19 Jun 2024May2%2%2.3%
22 May 2024Apr2.3%2.1%3.2%
17 Apr 2024Mar3.2%3.1%3.4%
20 Mar 2024Feb3.4%3.5%4%
14 Feb 2024Jan4%4.2%4%
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%