The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 3.0% in the 12 months to April 2024, down from 3.8% in the 12 months to March.
On a monthly basis, CPIH rose by 0.5% in April 2024, compared with a rise of 1.2% in April 2023.
The Consumer Prices Index (CPI) rose by 2.3% in the 12 months to April 2024, down from 3.2% in the 12 months to March.
On a monthly basis, CPI rose by 0.3% in April 2024, compared with a rise of 1.2% in April 2023.
Falling gas and electricity prices resulted in the largest downward contributions to the monthly change in both CPIH and CPI annual rates, while the largest, partially offsetting, upward contribution came from motor fuels, with prices rising this year but falling a year ago.
Core CPIH (excluding energy, food, alcohol and tobacco) rose by 4.4% in the 12 months to April 2024, down from 4.7% in March; the CPIH goods annual rate slowed from 0.9% to negative 0.8%, while the CPIH services annual rate was unchanged at 6.0%.
Core CPI (excluding energy, food, alcohol and tobacco) rose by 3.9% in the 12 months to April 2024, down from 4.2% in March; the CPI goods annual rate slowed from 0.8% to negative 0.8%, while the CPI services annual rate eased slightly, from 6.0% to 5.9%.
2.Consumer price inflation rates
April 2023 to April 2024
Apr 7.8 §
May 7.9 §
Jun 7.3 §
Jul 6.4 §
Aug 6.3 §
Sep 6.3 §
Oct§ 4.7
No 4.2
Dec 4.2 §
2024
Jan 4.2 §
Feb 3.8
Mar 3.8 §
Apr§ 3.0 |
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