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The Guardian - UK
The Guardian - UK
Business
Larry Elliott and Graeme Wearden

UK inflation rises to 2.2% in first increase since December

A dual fuel energy smart meter in a home, with notes and coins
The rise in UK inflation was partly the result of an unfavourable comparison with July 2023, when the cost of energy fell sharply. Photograph: Maureen McLean/Rex/Shutterstock

Britain’s annual inflation rate rose to 2.2% last month – its first increase since December last year – and is expected to remain above its 2% target for the rest of the year.

Figures from the Office for National Statistics (ONS) show the government’s preferred measure of the cost of living climbed again as domestic energy bills fell by less last month than in July 2023.

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