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| Version 22 | Version 23 |
|---|---|
| UK inflation rate calculator: How much are prices rising for you? | UK inflation rate calculator: How much are prices rising for you? |
| (30 days later) | |
| Every month there's a new figure for inflation - it estimates how much prices are rising across all the goods and services in the economy. | Every month there's a new figure for inflation - it estimates how much prices are rising across all the goods and services in the economy. |
| In the 12 months to December 2023 the figure was 4.0%. That means things costing £1 in December 2022 cost £1.04 the same time the following year. | |
| Our personal inflation calculator, built by the Office for National Statistics (ONS) in collaboration with the BBC, shows you what the inflation rate is for your household, and identifies the items in your household budget that have gone up the most in price over the past year. | Our personal inflation calculator, built by the Office for National Statistics (ONS) in collaboration with the BBC, shows you what the inflation rate is for your household, and identifies the items in your household budget that have gone up the most in price over the past year. |
| Note: in the calculator, the ONS compares your personal inflation rate with CPIH, a measure of inflation that includes housing costs for those who own their home, rather than the more widely-reported measure called CPI. In December 2023 this was 4.2%. | |
| If you can't see the calculator, click here. | If you can't see the calculator, click here. |
| UK inflation rate in surprise rise to 4% | |
| What is the UK inflation rate and how does it affect me? | |
| What can I do if I can't afford my energy bill? | What can I do if I can't afford my energy bill? |
| Related Topics | Related Topics |
| Personal finance | Personal finance |
| Inflation | Inflation |
| Cost of living | Cost of living |