Inflation Rate Uk 2024 Bbc. Financial markets and traders are still expecting it to cut its base rate in 2024 due to the inflation rate falling sharply since peaking at 11.1% in october 2022, which was the highest rate in 40. The inflation figure comes ahead of the bank of england's latest decision on uk interest rates this thursday.

Uk inflation held steady in june, remaining at the bank of england’s target rate of 2%, according to the. The uk’s inflation rate has risen for the first time this year, official figures show, external.