UK CPI Inflation Rate July 2023.
The UK Consumer Prices Index (CPI) rose by 6.8% in the 12 months to July 2023, down from 7.9% in June.
The UK Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.4% in the 12 months to July 2023, down from 7.3% in June.
The Core CPI gauge (excluding volatile food and energy items) rose by 6.9% for the year. No change to June.
The increase in the annual inflation rate in July 2023 mainly reflected price rises in the restaurants and hotels (9.6%), food and non-alcoholic beverages (14.9%), and alcohol and tobacco (9.3%) divisions.
Source: ons.gov.uk 16 August 2023.
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