UK inflation remains more than double the Bank of England’s 2% target

10%

8

6

Bank of

England’s

target rate 2%

Oct 2023

CPI 4.6%

4

2

0

-2

2000

2005

2010

2015

2020

10%

8

6

Bank of England’s

target rate 2%

4

Oct 2023

CPI 4.6%

2

0

-2

2000

2005

2010

2015

2020