Living standards indicator
Consumer Prices Index annual inflation
Prices were still rising on average, but at a slower annual rate than a year earlier. Lower inflation means prices are rising more slowly; it does not mean the overall price level is falling.
Verified primary sourceLong-term trend
The displayed series runs from 2024 AUG (2.2%) to 2026 JUL (2.9%). This is descriptive and does not attribute causation.
Accessible data table
| Period | Value |
|---|---|
| 2024 AUG | 2.2% |
| 2024 SEP | 1.7% |
| 2024 OCT | 2.3% |
| 2024 NOV | 2.6% |
| 2024 DEC | 2.5% |
| 2025 JAN | 3% |
| 2025 FEB | 2.8% |
| 2025 MAR | 2.6% |
| 2025 APR | 3.5% |
| 2025 MAY | 3.4% |
| 2025 JUN | 3.6% |
| 2025 JUL | 3.8% |
| 2025 AUG | 3.8% |
| 2025 SEP | 3.8% |
| 2025 OCT | 3.6% |
| 2025 NOV | 3.2% |
| 2025 DEC | 3.4% |
| 2026 JAN | 3% |
| 2026 FEB | 3% |
| 2026 MAR | 3.3% |
| 2026 APR | 2.8% |
| 2026 MAY | 2.8% |
| 2026 JUN | 2.6% |
| 2026 JUL | 2.9% |
Insight
FactWhat the data show. Consumer Prices Index annual inflation was 2.9% in 2026 JUL.
CalculationWhat has changed. The change from 2026 JUN is +0.3 percentage points.
ComparisonHow it compares. Comparison awaiting period-aligned review. The year-earlier value was 3.8%.
InterpretationWhy it may matter. Inflation affects household purchasing power, benefit and pension uprating, business costs and the interest-rate decisions that influence mortgages, saving and investment.
LimitationImportant limitations. The latest rate may be revised and does not describe price changes for every household. International aggregates use comparable headline CPI growth rates for the same month, but national baskets and weights still differ.
MeasurementHow progress could be measured. Continue the same monthly series, record revisions and compare like-for-like reporting periods.