In June 2024, the household cost inflation rate (HCI) for low-income households in the United Kingdom was 1.7 percent, compared with 2.3 percent for middle-income households, and 3.3 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 June 2023 and June 2024, by income decile
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Office for National Statistics (UK). (August 28, 2024). Household costs inflation (HCI) rate in the United Kingdom in June 2023 and June 2024, by income decile [Graph]. In Statista. Retrieved November 21, 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 June 2023 and June 2024, by income decile." Chart. August 28, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/
Office for National Statistics (UK). (2024). Household costs inflation (HCI) rate in the United Kingdom in June 2023 and June 2024, by income decile. Statista. Statista Inc.. Accessed: November 21, 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 June 2023 and June 2024, by Income Decile." Statista, Statista Inc., 28 Aug 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 June 2023 and June 2024, by income decile Statista, https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/ (last visited November 21, 2024)
Household costs inflation (HCI) rate in the United Kingdom in June 2023 and June 2024, by income decile [Graph], Office for National Statistics (UK), August 28, 2024. [Online]. Available: https://www.statista.com/statistics/1447625/uk-hci-inflation-rate-by-decile/
