May 2024 Inflation Data By Month. Inflation declined to a 3.3% annual rate in may 2024, according to the consumer price index. The main findings from the may 2024 survey are:

The consumer price inflation detailed briefing note contains details of the items contributing to the changes in the cpih (and rpi), details of any notable movements, a. Nowcasts suggest that april cpi may be 0.4% for headline inflation and 0.3% for core inflation, which strips out food and energy prices.