Inflation Rate Uk 2024 March. March 2024 including services, january to march 2024 time series. The july inflation data marked the smallest annual increase since march 2021 and the first time since then that the headline cpi figure has dipped below 3 per cent us.
The uk government sets an inflation target of 2% which the bank of england is tasked with maintaining using monetary policies including the raising and lowering of interest rates. The ukโs inflation rate in march 2024, as measured by the consumer price index (cpi), was 3.2%.