Economy

UK inflation: consumer price index release dates


The rate of inflation in the UK over the last three years has been the highest in a generation, peaking at 11.1% in October 2022. 

This prompted an aggressive policy reaction from the Bank of England, which raised interest rates fourteen times to their current level of 5.25%. Inflation has dropped from this peak and price increases have seen a slowdown – and in his Spring Budget on 6 March, Jeremy Hunt expressed optimism that inflation will fall further in the coming months.