The inflation rate for low-income households in the United Kingdom was noticeably higher than that of high-income ones between April 2022 and April 2023, during a serious cost of living crisis in the UK. As of March 2024, however, the inflation rate for high-income households was higher than that of middle or low incomes ones.
Inflation rate for the Consumer Price Index including owner occupiers' housing costs (CPIH) in the United Kingdom from January 2021 to March 2024, by household income
Characteristic
Low-income
Middle-income
High-income
Mar 24
3.9
4.3
5
Feb 24
4.2
4.5
5.2
Jan 24
4.8
5.2
5.9
Dec 23
4.5
4.9
5.6
Nov 23
4.6
5
6
Oct 23
5.3
5.8
6.7
Sep 23
8.3
8.2
8.4
Aug 23
8.3
8.3
8.4
Jul 23
8.3
8.2
8.4
Jun 23
10
9.6
9.5
May 23
10.5
10.2
10
Apr 23
10.6
10.3
10.1
Mar 23
13.2
12.2
11.4
Feb 23
13.5
12.5
11.7
Jan 23
13
12.1
11.2
Dec 22
13.3
12.4
11.5
Nov 22
13.5
12.6
11.5
Oct 22
13.6
12.7
11.6
Sep 22
12.1
11.5
10.9
Aug 22
11.7
11.2
10.5
Jul 22
11.8
11.3
10.7
Jun 22
11
10.6
10.1
May 22
10.6
10.2
9.8
Apr 22
10.3
10
9.6
Mar 22
7.3
7.4
7.7
Feb 22
6.5
6.6
6.8
Jan 22
5.8
5.9
6.2
Dec 21
5.5
5.6
5.9
Nov 21
5.2
5.3
5.6
Oct 21
4.3
4.4
4.7
Sep 21
2.8
3.1
3.5
Aug 21
2.8
3.1
3.6
Jul 21
1.9
2.1
2.5
Jun 21
2.1
2.1
2.1
May 21
1.7
1.7
1.6
Apr 21
1.2
1.1
0.8
Mar 21
0.1
0.1
0
Feb 21
0
-0.1
-0.3
Jan 21
0.2
0.1
0
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Office for National Statistics (UK). (May 30, 2024). Inflation rate for the Consumer Price Index including owner occupiers' housing costs (CPIH) in the United Kingdom from January 2021 to March 2024, by household income [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/1287257/uk-inflation-rate-household-income/
Office for National Statistics (UK). "Inflation rate for the Consumer Price Index including owner occupiers' housing costs (CPIH) in the United Kingdom from January 2021 to March 2024, by household income." Chart. May 30, 2024. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1287257/uk-inflation-rate-household-income/
Office for National Statistics (UK). (2024). Inflation rate for the Consumer Price Index including owner occupiers' housing costs (CPIH) in the United Kingdom from January 2021 to March 2024, by household income. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/1287257/uk-inflation-rate-household-income/
Office for National Statistics (UK). "Inflation Rate for The Consumer Price Index including Owner Occupiers' Housing Costs (Cpih) in The United Kingdom from January 2021 to March 2024, by Household Income." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1287257/uk-inflation-rate-household-income/
Office for National Statistics (UK), Inflation rate for the Consumer Price Index including owner occupiers' housing costs (CPIH) in the United Kingdom from January 2021 to March 2024, by household income Statista, https://www.statista.com/statistics/1287257/uk-inflation-rate-household-income/ (last visited September 19, 2024)
Inflation rate for the Consumer Price Index including owner occupiers' housing costs (CPIH) in the United Kingdom from January 2021 to March 2024, by household income [Graph], Office for National Statistics (UK), May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1287257/uk-inflation-rate-household-income/
