In September 2022, the household cost inflation rate (HCI) for low-income households in the United Kingdom was 12 percent, compared with 11.4 percent for middle-income households, and 10.8 percent for high-income households. Unlike other measures of inflation such as the consumer price index (CPI) the HCI isn't based on a fixed basket of goods, but is weighted to show how price changes affect different households by their economic status.
Household costs inflation (HCI) rate in the United Kingdom in September 2022 and September 2023, by income decile
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Office for National Statistics (UK). (December 4, 2023). Household costs inflation (HCI) rate in the United Kingdom in September 2022 and September 2023, by income decile [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/
Office for National Statistics (UK). "Household costs inflation (HCI) rate in the United Kingdom in September 2022 and September 2023, by income decile." Chart. December 4, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/
Office for National Statistics (UK). (2023). Household costs inflation (HCI) rate in the United Kingdom in September 2022 and September 2023, by income decile. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/
Office for National Statistics (UK). "Household Costs Inflation (Hci) Rate in The United Kingdom in September 2022 and September 2023, by Income Decile." Statista, Statista Inc., 4 Dec 2023, https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/
Office for National Statistics (UK), Household costs inflation (HCI) rate in the United Kingdom in September 2022 and September 2023, by income decile Statista, https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/ (last visited July 22, 2024)
Household costs inflation (HCI) rate in the United Kingdom in September 2022 and September 2023, by income decile [Graph], Office for National Statistics (UK), December 4, 2023. [Online]. Available: https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/