This page shows the monthly change in the underlying components of consumer price inflation as a heatmap. Headline inflation peaked in June 2022 and has been coming down. Specifically, the components of inflation that drove it much higher such as energy, food and used cars have now seen many months of green as supply chain pressures ease and commodity prices normalize. Shelter continues to run hot but we expect this will peak soon, helping to bring services and overall inflation to much more moderate levels.