Forex Fundamentals
UK Inflation Rate (CPI)

UK Inflation Rate (CPI) 20 November 2024

UK Inflation Rate (CPI) 20 November 2024: 2.3% for October 2024, above the 2.2% forecast and up from 1.7% in September 2024. It is the highest reading since April 2024. 5 of the last 12 releases came in above the forecast. Printed 2.3%, above the 2% target. It was released on Wed 20 Nov 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
2.3%
October 2024
Forecast
2.2%
The market consensus
Previous
1.7%
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) 20 November 2024: 2.3% for October 2024 against a 2.2% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

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

UK Inflation Rate (CPI) 20 November 2024: 2.3% vs 2.2% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2024-11-20

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
20 Nov 2024Oct2.3%2.2%1.7%
16 Oct 2024Sep1.7%1.9%2.2%
18 Sep 2024Aug2.2%2.2%2.2%
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%
The release before:UK Inflation Rate (CPI) 16 October 2024The release after:UK Inflation Rate (CPI) 18 December 2024UK Inflation Rate (CPI): every recent resultThis week’s economic calendar