United Kingdom Inflation Rate 1989-2015 | Data | Chart | Calendar

The inflation rate in the United Kingdom was recorded at 0 percent in June of 2015. Inflation Rate in the United Kingdom averaged 2.70 percent from 1989 until 2015, 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. Inflation Rate in the United Kingdom is reported by the Office for National Statistics.

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United Kingdom Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.10 8.50 -0.10 1989 - 2015 percent Monthly
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. Content for - United Kingdom Inflation Rate - was last refreshed on Thursday, July 30, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-19 09:30 AM Apr -0.1% 0.0% 0.0% 0.0%
2015-06-16 09:30 AM May 0.1% -0.1% 0.1% 0.0%
2015-07-14 09:30 AM Jun 0.0% 0.1% 0.0% 0.1%
2015-08-18 09:30 AM Jul 0.0% 0.21%
2015-09-15 09:30 AM Aug 0.1%
2015-10-13 09:30 AM Sep 0.3%


UK Inflation Rate Back to 0%


British inflation rate slowed to 0 percent in June from 0.1 percent in May, in line with market expectations as transport and food prices fell further while cost of housing and utilities increased slightly.

Year-on-year, cost of food and nonalcoholic beverages fell the most by 2.2 percent, followed by transport (-1.8 percent), recreation and culture (-1.0 percent), clothing and footwear (-0.8 percent) and furniture, household equipment and routine maintenance of the house (-0.3 percent).

In contrast, upward pressure came from education (10 percent), alcoholic beverages and tobacco (2.3 percent), restaurants and hotels (1.9 percent), health (1.6 percent), communication (1.1 percent), housing and utilities (0.4 percent).

On a monthly basis, consumer prices were also unchanged in June, following a 0.2 percent increase in May. The largest downward contributions came from prices of clothing and footwear (-0.4 percent), mainly garments, particularly women’s outerwear and food and non-alcoholic beverages (-0.2 percent), mainly bread and cereals, and sugar, jam, syrups, chocolate and confectionery. In addition, transport prices rose at a slower 0.2 percent driven by transport services (particularly air transport and, to a lesser extent, sea transport) where fares rose this year but by less than a year ago. This was partially offset by a small upward contribution from motor fuels with average petrol prices rising by 1.1 pence per litre between May and June this year. The largest, but relatively small, upward contribution to the change in the CPI came from miscellaneous goods and services – prices rose 0.2 percent, driven by financial services.

The core inflation rate which strips out increases in energy, food, alcohol and tobacco, slowed back to 0.8 percent in June from 0.9 percent in May.

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
7/14/2015 10:08:27 AM


Recent Releases

UK Consumer Prices Rise for The First Time in 4 Months
Consumer prices in Britain increased 0.1 percent year-on-year in May of 2015, following a 0.1 percent drop in April, as cost of housing and utilities increased while transport and food cost fell at a slower pace.
Published on 2015-06-16

UK Inflation Rate at Record Low
Consumer prices in Britain fell 0.1 percent year-on-year in April, compared to no change in March, driven by lower food and fuel cost. This is the first time the CPI has fallen since official records began in 1996 and the first time since 1960 based on comparable historic estimates.
Published on 2015-05-19

UK Inflation Rate Stays at 0% in March
Consumer prices in Britain remained unchanged in March for the second consecutive month driven by a fall in prices of transport, leisure and food. It is the lowest rate since records began in 1989.
Published on 2015-04-14

UK Inflation Rate Drops to 0% in February
British consumer prices were unchanged in the year to February 2015, the level not seen since comparable records started in 1989. The main contributions to the slowdown came from food, fuel, furniture & furnishings and a range of recreational goods.
Published on 2015-03-24


United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.00 0.10 8.50 -0.10 percent [+]
Inflation Rate Mom 0.00 0.20 3.37 -0.94 percent [+]
Consumer Price Index CPI 128.23 128.20 128.53 61.90 Index Points [+]
Core Inflation Rate 0.80 0.90 3.70 -0.10 percent [+]
Harmonised Consumer Prices 128.23 128.16 128.53 124.40 Index Points [+]
Core Consumer Prices 124.52 124.48 124.52 87.60 Index Points [+]
GDP Deflator 105.85 105.49 105.85 4.61 Index Points [+]
Producer Prices Change -1.50 -1.60 27.80 -1.90 percent [+]
Export Prices 91.00 91.40 103.10 12.20 Index Points [+]
Import Prices 91.60 92.00 102.70 12.00 Index Points [+]
Food Inflation -2.20 -1.80 13.00 -3.30 percent [+]
Producer Prices 107.10 107.10 108.90 8.10 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 8.89 Jun/15 8.47 6821.31 1.65 percent [+]
Canada 1.00 Jun/15 0.90 21.60 -17.80 percent [+]
China 1.40 Jun/15 1.20 28.40 -2.20 percent [+]
Euro Area 0.20 Jun/15 0.30 5.00 -0.70 percent [+]
France 0.30 Jun/15 0.30 18.80 -0.70 percent [+]
Germany 0.30 Jun/15 0.70 11.54 -7.62 percent [+]
India 5.40 Jun/15 5.01 11.16 4.38 percent [+]
Indonesia 7.26 Jun/15 7.15 82.40 -1.17 percent [+]
Italy 0.20 Jun/15 0.10 25.64 -0.60 percent [+]
Japan 0.50 May/15 0.60 25.00 -2.52 percent [+]
Mexico 2.87 Jun/15 2.88 179.73 2.87 percent [+]
Netherlands 1.00 Jun/15 1.10 11.19 -1.30 percent [+]
Russia 15.30 Jun/15 15.80 2333.30 3.60 percent [+]
South Korea 0.70 Jun/15 0.50 32.50 0.20 percent [+]
Spain 0.10 Jun/15 -0.20 28.43 -1.37 percent [+]
Switzerland -1.00 Jun/15 -1.20 11.92 -1.37 percent [+]
Turkey 7.20 Jun/15 8.09 138.71 -4.01 percent [+]
United Kingdom 0.00 Jun/15 0.10 8.50 -0.10 percent [+]
United States 0.10 Jun/15 0.00 23.70 -15.80 percent [+]