United Kingdom Inflation Rate  1989-2016 | Data | Chart | Calendar

Consumer prices in the United Kingdom edged up 0.2 percent year-on-year in December of 2015, the highest figure since January and in line with market expectations while core inflation accelerated for the third straight month to 1.4 percent. However, inflation for 2015 was 0 percent for the first time since records began in 1950, well below the Bank of England's 2 percent target. Inflation will average just 0.8 percent in 2016, climbing to the 2 percent target in 2018, according to Bank of England inflation report released on February 4th. Inflation Rate in the United Kingdom averaged 2.65 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.

United Kingdom Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.20 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. United Kingdom Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-17 09:30 AM Oct -0.1% -0.1% -0.1% -0.1%
2015-12-15 09:30 AM Nov 0.1% -0.1% 0.1% 0.0%
2016-01-19 09:30 AM Dec 0.2% 0.1% 0.2% 0.1%
2016-02-16 09:30 AM Jan 0.2% 0.3% 0.2%
2016-03-22 09:30 AM Feb 0.25%
2016-04-12 08:30 AM Mar 0.25%

UK Inflation Rate at 11-Month High


Consumer prices in the United Kingdom edged up 0.2 percent year-on-year in December of 2015, the highest figure since January and in line with market expectations while core inflation accelerated for the third straight month to 1.4 percent. However, inflation for 2015 was 0 percent for the first time since records began in 1950, well below the Bank of England's 2 percent target.

Year-on-year, the biggest upward pressure came from prices of housing and utilities (up 0.3 percent for the second consecutive month), followed by restaurants and hotels (up 1.7 percent following a 1.8 percent rise in the previous month) and miscellaneous goods and services (up 1.1 percent compared to a 1.3 percent rise in the previous month). In contrast, the highest downward pressure came from cost of recreation and culture (-0.3 percent from -0.1 percent in November), food and non-alcoholic beverages (-2.9 percent from -2.4 percent in the previous month), clothing and footwear (-0.3 percent after 0 percent in the previous month) and transport (-0.2 percent from -2.1 percent in the previous month).

On a monthly basis, consumer prices increased 0.1 percent after being flat in the previous month. The only substantial upward contribution came from transport: prices increased by 1.8 percent, mainly due to air fares (up 46 percent) and to a lesser extent motor fuels (petrol prices fell by 3.4 pence per litre while diesel fell by 2.3 pence). The largest downward contribution came from food and non-alcoholic beverages: prices fell by 0.2 percent, mainly cauliflower and potato crisps and alcoholic beverages and tobacco: prices went down 1.3 percent, mainly wine and spirits.

Annual core inflation rate which strips out increases in energy, food, alcohol and tobacco accelerated to 1.4 percent from 1.2 percent in November. 

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
1/19/2016 11:03:18 AM

United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.10 8.50 -0.10 percent [+]
Inflation Rate Mom 0.10 0.00 3.37 -0.94 percent [+]
Consumer Price Index CPI 128.50 128.30 128.54 61.90 Index Points [+]
Harmonised Consumer Prices 128.45 128.35 128.53 124.40 Index Points [+]
Core Consumer Prices 122.60 122.20 122.60 88.52 Index Points [+]
Core Inflation Rate 1.40 1.20 3.70 -0.10 percent [+]
GDP Deflator 104.48 104.18 104.48 4.52 Index Points [+]
Producer Prices Change -1.20 -1.50 27.80 -1.90 percent [+]
Export Prices 87.90 86.50 103.10 12.20 Index Points [+]
Import Prices 88.50 87.40 102.70 12.00 Index Points [+]
Food Inflation -2.90 -2.40 13.00 -3.30 percent [+]
Producer Prices 105.80 106.00 108.90 8.10 Index Points [+]




Last
Afghanistan 0.08 Dec/15
Albania 1.50 Jan/16
Algeria 3.84 Dec/15
Angola 14.27 Dec/15
Argentina 26.90 Dec/15
Armenia -0.40 Jan/16
Aruba -0.93 Dec/15
Australia 1.70 Dec/15
Austria 1.00 Dec/15
Azerbaijan 4.00 Dec/15
Bahamas 1.41 Jun/15
Bahrain 0.70 Dec/15
Bangladesh 6.07 Jan/16
Barbados -0.25 Oct/15
Belarus 12.00 Dec/15
Belgium 1.74 Jan/16
Belize -0.70 Dec/15
Benin 2.30 Dec/15
Bhutan 3.53 Dec/15
Bolivia 2.39 Jan/16
Bosnia and Herzegovina -1.00 Dec/15
Botswana 3.10 Dec/15
Brazil 10.71 Jan/16
Brunei -1.00 Dec/15
Bulgaria -0.40 Dec/15
Burkina Faso 2.10 Dec/15
Burundi 6.30 Jan/16
Cambodia 1.90 Nov/15
Cameroon 4.29 Jun/15
Canada 1.60 Dec/15
Cape Verde -0.50 Dec/15
Cayman Islands -2.90 Sep/15
Central African Republic 25.58 Jun/14
Chad -0.40 Nov/15
Chile 4.80 Jan/16
China 1.60 Dec/15
Colombia 7.45 Jan/16
Comoros 1.40 Dec/14
Congo 2.08 Dec/15
Costa Rica -0.17 Jan/16
Croatia -0.60 Jan/16
Cuba 5.30 Dec/14
Cyprus -1.30 Jan/16
Czech Republic 0.60 Jan/16
Denmark 0.60 Jan/16
Djibouti 2.60 Mar/15
Dominican Republic 2.34 Dec/15
East Timor -0.60 Dec/15
Ecuador 3.09 Jan/16
Egypt 10.10 Jan/16
El Salvador 1.80 Jan/16
Equatorial Guinea 3.60 Dec/14
Eritrea 11.60 Dec/14
Estonia -0.60 Jan/16
Ethiopia 10.20 Jan/16
Euro Area 0.40 Jan/16
European Union 0.20 Dec/15
Fiji 1.60 Dec/15
Finland -0.20 Dec/15
France 0.20 Jan/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 5.60 Jan/16
Germany 0.50 Jan/16
Ghana 19.00 Jan/16
Greece -0.20 Dec/15
Guatemala 4.38 Jan/16
Guinea 7.30 Dec/15
Guinea Bissau 2.40 Dec/15
Guyana 0.18 May/15
Haiti 12.00 Dec/15
Honduras 3.08 Jan/16
Hong Kong 2.50 Dec/15
Hungary 0.90 Jan/16
Iceland 2.10 Jan/16
India 5.69 Jan/16
Indonesia 4.14 Jan/16
Iran 9.40 Dec/15
Iraq 2.30 Dec/15
Ireland 0.10 Dec/15
Israel -1.00 Dec/15
Italy 0.30 Jan/16
Ivory Coast 1.30 Dec/15
Jamaica 3.66 Dec/15
Japan 0.20 Dec/15
Jordan -1.60 Dec/15
Kazakhstan 14.40 Jan/16
Kenya 7.78 Jan/16
Kosovo -0.10 Dec/15
Kuwait 3.00 Dec/15
Kyrgyzstan 1.80 Jan/16
Laos 0.90 Dec/15
Latvia -0.30 Jan/16
Lebanon -3.40 Dec/15
Lesotho 5.10 Dec/15
Liberia 6.50 Sep/15
Libya 11.40 Sep/15
Liechtenstein -1.30 Dec/15
Lithuania 0.90 Jan/16
Luxembourg 1.10 Dec/15
Macau 3.73 Dec/15
Macedonia 0.10 Jan/16
Madagascar 7.60 Dec/15
Malawi 24.90 Dec/15
Malaysia 2.70 Dec/15
Maldives 2.00 Nov/15
Mali 1.00 Dec/15
Malta 1.20 Dec/15
Mauritania 0.50 Dec/15
Mauritius 0.40 Jan/16
Mexico 2.61 Jan/16
Moldova 13.60 Dec/15
Mongolia 1.90 Dec/15
Montenegro 1.40 Nov/15
Morocco 0.60 Dec/15
Mozambique 11.25 Jan/16
Myanmar 10.19 Jul/15
Namibia 5.30 Jan/16
Nepal 11.60 Dec/15
Netherlands 0.60 Jan/16
New Caledonia 0.70 Dec/15
New Zealand 0.10 Dec/15
Nicaragua 3.19 Jan/16
Niger 2.20 Dec/15
Nigeria 9.60 Dec/15
North Korea 55.00 Jul/13
Norway 3.00 Jan/16
Oman -0.10 Dec/15
Pakistan 3.32 Jan/16
Palestine 0.97 Dec/15
Panama 0.20 Dec/15
Papua New Guinea 5.80 Sep/15
Paraguay 5.20 Jan/16
Peru 4.61 Jan/16
Philippines 1.30 Jan/16
Poland -0.70 Jan/16
Portugal 0.80 Jan/16
Puerto Rico -0.20 Dec/15
Qatar 2.80 Jan/16
Republic of the Congo 3.70 Apr/15
Romania -0.90 Dec/15
Russia 9.80 Jan/16
Rwanda 6.60 Jan/16
Sao Tome and Principe 4.00 Dec/15
Saudi Arabia 2.30 Dec/15
Senegal 1.50 Jan/16
Serbia 1.50 Dec/15
Seychelles -0.10 Jan/16
Sierra Leone 8.85 Dec/15
Singapore -0.60 Dec/15
Slovakia -0.50 Dec/15
Slovenia -0.50 Jan/16
Somalia -4.00 Dec/14
South Africa 5.20 Dec/15
South Korea 0.80 Jan/16
South Sudan 165.00 Jan/17
Spain -0.30 Jan/16
Sri Lanka 0.90 Jan/16
Sudan 12.44 Jan/16
Suriname 25.00 Dec/15
Swaziland 4.50 Nov/15
Sweden 0.10 Dec/15
Switzerland -1.30 Jan/16
Syria 38.80 Jul/15
Taiwan 0.81 Jan/16
Tajikistan 5.20 Nov/15
Tanzania 6.50 Jan/16
Thailand -0.53 Jan/16
Togo 1.60 Dec/15
Trinidad and Tobago 1.50 Dec/15
Tunisia 3.50 Jan/16
Turkey 9.58 Jan/16
Turkmenistan 4.42 Dec/14
Uganda 7.60 Jan/16
Ukraine 40.30 Jan/16
United Arab Emirates 3.60 Dec/15
United Kingdom 0.20 Dec/15
United States 0.70 Dec/15
Uruguay 9.68 Jan/16
Uzbekistan 2.60 Mar/14
Venezuela 108.70 Sep/15
Vietnam 0.80 Jan/16
Yemen 9.49 Nov/14
Zambia 21.80 Jan/16
Zimbabwe -2.47 Dec/15