United Kingdom Inflation Rate 1989-2018 | Data | Chart | Calendar

The rate of inflation across the UK stood at 3 percent in January 2018, unchanged from the previous month and above market expectations of 2.9 percent. Prices of recreation and culture rose further while cost of food and transportation increased at a softer pace. Inflation Rate in the United Kingdom averaged 2.58 percent from 1989 until 2018, reaching an all time high of 8.50 percent in April of 1991 and a record low of -0.10 percent in April of 2015.

United Kingdom Inflation Rate
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UK January Inflation Rate Stronger than Expected


The rate of inflation across the UK stood at 3 percent in January 2018, unchanged from the previous month and above market expectations of 2.9 percent. Prices of recreation and culture rose further while cost of food and transportation increased at a softer pace.

Year-on-year, upward pressure came from: recreation and culture (3.3 percent vs 2.7 percent in December); clothing and footwear (3.4 percent vs 3.1 percent); restaurants and hotels (unchanged at 3.1 percent); transport (3.4 percent vs 3.8 percent); housing, water, electricity, gas and other fuels (2.2 percent vs 2.3 percent); food and non-alcoholic beverages (3.7 percent vs 3.9 percent); and miscellaneous goods and services (unchanged at 0.8 percent).

The consumer prices index including owner occupiers’ housing costs (CPIH) rose by 2.7 percent in January, the same pace as in December.

The annual core inflation rate, which excludes prices of energy, food, alcohol and tobacco, rose to 2.7 percent in January from 2.5 percent in December, also beating market consensus of 2.6 percent. January's reading matched August's six-year high.

On a monthly basis, consumer prices fell 0.5 percent after increasing 0.4 percent in December, and compared with expectations of a 0.6 percent drop. Prices fell sharply for clothing and footwear (-3.9 percent), furniture, household equipment and maintenance (-2.6 percent) and transport (-1 percent).


ONS | Joana Ferreira |
2/13/2018 9:53:25 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-12 09:30 AM Inflation Rate YoY 3.1% 3.0% 3.0% 3.2%
2018-01-16 09:30 AM Inflation Rate YoY 3% 3.1% 3% 3%
2018-02-13 09:30 AM Inflation Rate YoY 3% 3% 2.9% 3%
2018-03-20 09:30 AM Inflation Rate YoY 3% 3.2%
2018-04-18 08:30 AM Inflation Rate YoY 2.8%
2018-05-23 08:30 AM Inflation Rate YoY 2.7%


United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 3.00 3.00 8.50 -0.10 percent [+]
Inflation Rate Mom -0.50 0.40 3.37 -0.94 percent [+]
Harmonised Consumer Prices 104.40 104.90 104.90 48.40 Index Points [+]
Consumer Price Index CPI 104.40 104.90 104.90 48.40 Index Points [+]
Core Consumer Prices 104.30 105.20 105.20 72.90 Index Points [+]
Core Inflation Rate 2.70 2.50 3.70 -0.10 percent [+]
GDP Deflator 104.63 104.31 104.63 4.30 Index Points [+]
Producer Prices Change 2.80 3.30 27.80 -1.90 percent [+]
Export Prices 113.00 113.50 113.50 12.20 Index Points [+]
Import Prices 111.10 111.90 111.90 12.00 Index Points [+]
Food Inflation 3.70 3.90 13.00 -3.30 percent [+]
Inflation Expectations 2.90 2.80 4.40 1.50 percent [+]
Producer Prices 112.40 112.30 112.40 8.10 Index Points [+]
CPI Housing Utilities 103.10 103.00 103.10 31.70 Index Points [+]
CPI Transportation 106.50 107.60 107.60 40.40 Index Points [+]


United Kingdom Inflation Rate

In the United Kingdom, the most important categories in the consumer price index are Transport (16.2 percent of the total weight) and Housing, Water, Electricity, Gas and Other fuels (14.4 percent). Recreation and Culture accounts for 13.4 percent; Restaurants and Hotels for 11.4 percent and Food and Non-alcoholic Beverages for 11.2 percent. The index also includes: Miscellaneous Goods and Services (9.6 percent); Clothing and Footwear (6.5 percent); Furniture, Household Equipment and Maintenance (6.1 percent). Alcoholic Beverages and Tobacco; Health, Communication and Education account for remaining 11.2 percent of total weight. This page provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 8.50 -0.10 1989 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.86 Jan/18
Canada 1.70 Jan/18
China 1.50 Jan/18
Euro Area 1.30 Jan/18
France 1.30 Jan/18
Germany 1.60 Jan/18
India 5.07 Jan/18
Indonesia 3.25 Jan/18
Italy 0.90 Jan/18
Japan 1.40 Jan/18
Mexico 5.55 Jan/18
Netherlands 1.50 Jan/18
Russia 2.20 Jan/18
South Korea 1.00 Jan/18
Spain 0.60 Jan/18
Switzerland 0.70 Jan/18
Turkey 10.35 Jan/18
United Kingdom 3.00 Jan/18
United States 2.10 Jan/18


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