5 July 2024 – present
Economy during the Labour 2024– government
Summary
| Metric | Level when government took office | Latest | Change during government |
|---|---|---|---|
| Consumer Prices Index: food and non-alcoholic beverages (division 01)ONS · index | 135.5June 2024 | 144July 2026 | ↑ 6.3%+8.5 · 25 periods |
| Consumer Prices Index: alcoholic beverages, tobacco and narcotics (division 02)ONS · index | 147June 2024 | 159.9July 2026 | ↑ 8.8%+12.9 · 25 periods |
| Consumer Prices Index: clothing and footwear (division 03)ONS · index | 118.8June 2024 | 117.7July 2026 | ↓ 0.9%−1.1 · 25 periods |
| Consumer Prices Index: housing, water, electricity, gas and other fuels (division 04)ONS · index | 137.6June 2024 | 153.2July 2026 | ↑ 11.3%+15.6 · 25 periods |
| Consumer Prices Index: furniture, household equipment and routine maintenance (division 05)ONS · index | 125.8June 2024 | 126.3July 2026 | ↑ 0.4%+0.5 · 25 periods |
| Consumer Prices Index: health (division 06)ONS · index | 133.9June 2024 | 143.9July 2026 | ↑ 7.5%+10 · 25 periods |
| Consumer Prices Index: transport (division 07)ONS · index | 135.7June 2024 | 146.1July 2026 | ↑ 7.7%+10.4 · 25 periods |
| Consumer Prices Index: communication (division 08)ONS · index | 135.7June 2024 | 149.6July 2026 | ↑ 10.2%+13.9 · 25 periods |
| Consumer Prices Index: recreation and culture (division 09)ONS · index | 129.9June 2024 | 136.3July 2026 | ↑ 4.9%+6.4 · 25 periods |
| Consumer Prices Index: education (division 10)ONS · index | 135.2June 2024 | 152.7July 2026 | ↑ 12.9%+17.5 · 25 periods |
| Consumer Prices Index: restaurants and hotels (division 11)ONS · index | 146.5June 2024 | 157July 2026 | ↑ 7.2%+10.5 · 25 periods |
| Consumer Prices Index: miscellaneous goods and services (division 12)ONS · index | 119.9June 2024 | 126.6July 2026 | ↑ 5.6%+6.7 · 25 periods |
| Total household spending a weekONS · £ a week | No complete period was published before this government took office. | ||
| Household spending a week, consumption groups 1 to 12ONS · £ a week | No complete period was published before this government took office. | ||
| Food and non-alcoholic drinks a weekONS · £ a week | No complete period was published before this government took office. | ||
| Alcoholic drinks, tobacco and narcotics a weekONS · £ a week | No complete period was published before this government took office. | ||
| Clothing and footwear a weekONS · £ a week | No complete period was published before this government took office. | ||
| Housing (net), fuel and power a weekONS · £ a week | No complete period was published before this government took office. | ||
| Household goods and services a weekONS · £ a week | No complete period was published before this government took office. | ||
| Health a weekONS · £ a week | No complete period was published before this government took office. | ||
| Transport a weekONS · £ a week | No complete period was published before this government took office. | ||
| Communication a weekONS · £ a week | No complete period was published before this government took office. | ||
| Recreation and culture a weekONS · £ a week | No complete period was published before this government took office. | ||
| Education a weekONS · £ a week | No complete period was published before this government took office. | ||
| Restaurants and hotels a weekONS · £ a week | No complete period was published before this government took office. | ||
| Miscellaneous goods and services a weekONS · £ a week | No complete period was published before this government took office. | ||
| Other expenditure items a weekONS · £ a week | No complete period was published before this government took office. | ||
| Gross household income: lower boundary of each decile groupONS · £ a week | No complete period was published before this government took office. | ||
| Gross household income: mean of each decile groupONS · £ a week | No complete period was published before this government took office. | ||
| Gross household income: median of each decile groupONS · £ a week | No complete period was published before this government took office. | ||
| Deprivation: IMD average scoreMHCLG · score | No complete period was published before this government took office. | ||
| Deprivation: share of small areas in England's most deprived tenthMHCLG · % of the district's LSOAs | No complete period was published before this government took office. | ||
| Income deprivation rateMHCLG · % of residents | No complete period was published before this government took office. | ||
| Employment deprivation rateMHCLG · % of working-age residents | No complete period was published before this government took office. | ||
| CPIH inflation rateONS · percent | 2.8%June 2024 | 3.1%July 2026 | ↑ 10.7%+0.3% · 25 periods |
| CPI inflation rateONS · percent | 2%June 2024 | 2.9%July 2026 | ↑ 45.0%+0.9% · 25 periods |
| RPI inflation rateONS · percent | 2.9%June 2024 | 3.2%July 2026 | ↑ 10.3%+0.3% · 25 periods |
| Consumer Prices IndexONS · index | 134.1June 2024 | 142.9July 2026 | ↑ 6.6%+8.8 · 25 periods |
| Gross domestic product, real termsONS · £ million | £694.9bn2024 Q2 | £712.5bn2026 Q2 | ↑ 2.5%+£17.6bn · 8 periods |
| GDP per head, real termsONS · £ | £10,0342024 Q2 | £10,2342026 Q2 | ↑ 2.0%+£200 · 8 periods |
| Real household disposable incomeONS · £ million | £447.2bn2024 Q2 | £454.4bn2026 Q1 | ↑ 1.6%+£7.1bn · 7 periods |
Consumer Prices Index: food and non-alcoholic beverages (division 01)
Inherited June 2024: 135.5 index. Latest July 2026: 144.
Consumer Prices Index: alcoholic beverages, tobacco and narcotics (division 02)
Inherited June 2024: 147 index. Latest July 2026: 159.9.
Consumer Prices Index: clothing and footwear (division 03)
Inherited June 2024: 118.8 index. Latest July 2026: 117.7.
Consumer Prices Index: housing, water, electricity, gas and other fuels (division 04)
Inherited June 2024: 137.6 index. Latest July 2026: 153.2.
Consumer Prices Index: furniture, household equipment and routine maintenance (division 05)
Inherited June 2024: 125.8 index. Latest July 2026: 126.3.
Consumer Prices Index: health (division 06)
Inherited June 2024: 133.9 index. Latest July 2026: 143.9.
Consumer Prices Index: transport (division 07)
Inherited June 2024: 135.7 index. Latest July 2026: 146.1.
Consumer Prices Index: communication (division 08)
Inherited June 2024: 135.7 index. Latest July 2026: 149.6.
Consumer Prices Index: recreation and culture (division 09)
Inherited June 2024: 129.9 index. Latest July 2026: 136.3.
Consumer Prices Index: education (division 10)
Inherited June 2024: 135.2 index. Latest July 2026: 152.7.
Consumer Prices Index: restaurants and hotels (division 11)
Inherited June 2024: 146.5 index. Latest July 2026: 157.
Consumer Prices Index: miscellaneous goods and services (division 12)
Inherited June 2024: 119.9 index. Latest July 2026: 126.6.
Total household spending a week
No complete period was published before this government took office.
Household spending a week, consumption groups 1 to 12
No complete period was published before this government took office.
Food and non-alcoholic drinks a week
No complete period was published before this government took office.
Alcoholic drinks, tobacco and narcotics a week
No complete period was published before this government took office.
Clothing and footwear a week
No complete period was published before this government took office.
Housing (net), fuel and power a week
No complete period was published before this government took office.
Household goods and services a week
No complete period was published before this government took office.
Health a week
No complete period was published before this government took office.
Transport a week
No complete period was published before this government took office.
Communication a week
No complete period was published before this government took office.
Recreation and culture a week
No complete period was published before this government took office.
Education a week
No complete period was published before this government took office.
Restaurants and hotels a week
No complete period was published before this government took office.
Miscellaneous goods and services a week
No complete period was published before this government took office.
Other expenditure items a week
No complete period was published before this government took office.
Gross household income: lower boundary of each decile group
No complete period was published before this government took office.
Gross household income: mean of each decile group
No complete period was published before this government took office.
Gross household income: median of each decile group
No complete period was published before this government took office.
Deprivation: IMD average score
No complete period was published before this government took office.
Deprivation: share of small areas in England's most deprived tenth
No complete period was published before this government took office.
Income deprivation rate
No complete period was published before this government took office.
Employment deprivation rate
No complete period was published before this government took office.
CPIH inflation rate
Inherited June 2024: 2.8% percent. Latest July 2026: 3.1%.
CPI inflation rate
Inherited June 2024: 2% percent. Latest July 2026: 2.9%.
RPI inflation rate
Inherited June 2024: 2.9% percent. Latest July 2026: 3.2%.
Consumer Prices Index
Inherited June 2024: 134.1 index. Latest July 2026: 142.9.
Gross domestic product, real terms
Inherited 2024 Q2: £694.9bn £ million. Latest 2026 Q2: £712.5bn.
GDP per head, real terms
Inherited 2024 Q2: £10,034 £. Latest 2026 Q2: £10,234.
Real household disposable income
Inherited 2024 Q2: £447.2bn £ million. Latest 2026 Q1: £454.4bn.