United Kingdom Core Inflation Rate  Forecast 2016-2020

Core Inflation Rate in the United Kingdom is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in the United Kingdom to stand at 2.60 in 12 months time. In the long-term, the United Kingdom Core Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

United Kingdom Core Inflation Rate
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Core Inflation Rate 2 1.8 1.9 2 2.6 2.5 percent
United Kingdom Core Inflation Rate Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Core Inflation Rate using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Core Inflation Rate - was last predicted on Thursday, March 23, 2017.
United Kingdom Prices Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 2.3 2 2.2 2.5 2.7 2.2
Inflation Rate Mom 0.7 0.4 0.5 0.5 0.4 0.5
Harmonised Consumer Prices 101 106 108 109 112 122
Consumer Price Index CPI 102 104 106 108 110 124
Core Consumer Prices 102 105 107 109 111 125
Core Inflation Rate 2 1.8 1.9 2 2.6 2.5
GDP Deflator 105 107 108 106 110 122
Producer Prices Change 3.7 3 3.2 2.9 2.7 2.5
Export Prices 100 94.2 92.6 91.4 92 95
Import Prices 99.8 98 99 101 102 108
Food Inflation 0.2 -0.8 -0.2 0.4 0.7 2
Producer Prices 110 109 111 112 116 127
Cpi Transportation 104 105 107 109 111 123
Inflation Expectations 2.9 3.2 2.85 2.85 2.81 2.67