Inflation Rate Uk 2024 Graph. The annual core inflation rate in the united kingdom fell 3.3% in july 2024, slowing from a 3.5% increase in the preceding two months and marking the lowest level since september 2021. In 2023 to 2024 the recovery rate was 101.3%, which reflects a decrease on the 102.1% recovery rate achieved in 2022 to 2023.

Rising food and energy costs were responsible for much of this increase, with the. (bar graph) shows the increase of staff.