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May 2023 inflation data
The UK’s inflation rate in May 2023, as measured by the Consumer Price Index (CPI), was 8.7%.
The detailed inflation measures for the year to May 2023 are as follows:
- CPI inflation was 8.7% in May 2023 (Index: 131.3), unchanged from 8.7% in the year to April
- RPI* inflation was 11.3% in May 2023 (Index: 375.3), down from 11.4% in the year to April
- CPIH inflation was 7.9% in May 2023 (Index: 129.1), up from 7.8% in the year to April
*The Office for National Statistics no longer regards the RPI as an official measure of inflation.