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

Consumer prices in the UK increased 0.6% yoy in July, first month after the UK voted to leave the EU, following a 0.5% rise in June and beating market expectations of a 0.5% gain. It was the highest number since November of 2014 boosted by rise in the cost of transportation, alcohol and hotel and restaurant. Inflation Rate in the United Kingdom averaged 2.60 percent from 1989 until 2016, 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
0.60 0.50 8.50 -0.10 1989 - 2016 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-14 08:30 AM May 0.3% 0.3% 0.4% 0.4%
2016-07-19 08:30 AM Jun 0.5% 0.3% 0.4% 0.5%
2016-08-16 08:30 AM Jul 0.6% 0.5% 0.5% 0.6%
2016-09-13 08:30 AM Aug 0.6% 0.6%
2016-10-18 08:30 AM Sep 0.8%
2016-11-15 09:30 AM Oct 0.8%

UK Inflation Rate at 20-Month High of 0.6%


Consumer prices in the UK increased 0.6% yoy in July, first month after the UK voted to leave the EU, following a 0.5% rise in June and beating market expectations of a 0.5% gain. It was the highest number since November of 2014 boosted by rise in the cost of transportation, alcohol and hotel and restaurant.

Year-on-year, the biggest upward pressure came from transport cost, with prices rising 0.2 percent, the first increase in 21 months; recreation and culture (+0.6 percent, +0.8 percent in June); restaurants and hotels (+2.7 percent, +2.3 in June); miscellaneous goods and services (+ 0.9 percent, +1.1 percent in June); alcoholic beverages and tobacco (+1.8 percent, +0.5 percent in June); health (+1.8 percent, +2.7 percent  in June); communication (+3.6 percent, +3.7 percent in June) and education (+4.8 percent, the same as in the previous nine months). 

In contrast, downward pressure came from housing and utilities (-0.1 percent, +0.1 percent in June); food and non-alcoholic beverages (-2.6 percent, -2.9 percent in June); clothing and footwear (-0.7 percent, the same as in June) and furniture, household equipment and maintenance (-0.8 percent, -0.5 percent in June).

On a monthly basis, consumer prices fell 0.1 percent, the first drop since January, following a 0.2 percent rise in June. Main downward contributions came from prices of housing, water, electricity, gas and other fuels (prices overall were unchanged). The downward effect came from housing rental, specifically Registered Social Landlord (RSL) rents, which saw a decrease. This may relate to the announcement in the Summer Budget 2015, which committed to reducing social housing rental prices by 1 percent per year for 4 years, starting in 2016. Recreation and culture: prices, overall, decreased by 0.1 percent, mainly due to games and toys, particularly computer games and consoles.

In contrast, upward contributions came from transport prices that overall rose by 1.6 percent, mainly motor fuels; alcoholic beverages and tobacco, mainly alcoholic beverages for which prices rose overall by 0.5 percent; restaurants and hotels: prices, overall, rose by 0.4 percent, mainly accommodation services, in particular overnight hotel stays. 

The core index which excludes prices of energy, food, alcohol and tobacco also fell 0.1 percent on the month and gained 1.3 percent on the year.

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
8/16/2016 11:59:46 AM

United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.60 0.50 8.50 -0.10 percent [+]
Inflation Rate Mom -0.10 0.20 3.37 -0.94 percent [+]
Consumer Price Index CPI 100.60 100.60 100.60 48.40 Index Points [+]
Harmonised Consumer Prices 100.57 100.62 100.62 48.40 Index Points [+]
Core Consumer Prices 101.20 101.30 101.30 72.90 Index Points [+]
Core Inflation Rate 1.30 1.40 3.70 -0.10 percent [+]
GDP Deflator 102.16 101.63 102.45 4.40 Index Points [+]
Producer Prices Change 0.30 -0.20 27.80 -1.90 percent [+]
Export Prices 92.60 92.40 103.10 12.20 Index Points [+]
Import Prices 92.50 91.20 102.70 12.00 Index Points [+]
Food Inflation -2.60 -2.90 13.00 -3.30 percent [+]
Producer Prices 107.20 106.90 108.90 8.10 Index Points [+]
Cpi Transportation 102.60 100.90 105.23 40.40 Index Points [+]




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Albania 1.90 Jul/16
Algeria 8.20 Jun/16
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Argentina 40.50 Apr/16
Armenia -1.30 Jul/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Jul/16
Azerbaijan 10.50 Jun/16
Bahamas 2.00 Dec/15
Bahrain 3.50 Jul/16
Bangladesh 5.40 Jul/16
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Belgium 2.28 Jul/16
Belize 0.90 Jun/16
Benin -0.80 Jun/16
Bhutan 3.31 Jun/16
Bolivia 3.56 Jul/16
Bosnia and Herzegovina -1.00 Jul/16
Botswana 2.70 Jul/16
Brazil 8.74 Jul/16
Brunei -0.50 Jul/16
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Burundi 3.90 Jun/16
Cambodia 3.09 May/16
Cameroon 0.64 Jun/16
Canada 1.30 Jul/16
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Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
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Chile 4.00 Jul/16
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Colombia 8.97 Jul/16
Comoros 1.40 Dec/14
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Costa Rica 0.48 Jul/16
Croatia -1.50 Jul/16
Cuba 4.40 Dec/15
Cyprus -0.20 Jul/16
Czech Republic 0.50 Jul/16
Denmark 0.30 Jul/16
Djibouti 2.60 Mar/15
Dominican Republic 1.85 Jul/16
East Timor -1.70 May/16
Ecuador 1.58 Jul/16
Egypt 14.00 Jul/16
El Salvador 0.88 Jul/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.10 Jul/16
Ethiopia 6.00 Jul/16
Euro Area 0.20 Jul/16
European Union 0.20 Jul/16
Fiji 5.50 Jul/16
Finland 0.50 Jul/16
France 0.20 Jul/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 1.50 Jul/16
Germany 0.40 Jul/16
Ghana 16.70 Jul/16
Greece -1.00 Jul/16
Guatemala 4.62 Jul/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jun/16
Guyana 0.40 Jun/16
Haiti 13.90 Jun/16
Honduras 2.40 Jul/16
Hong Kong 2.30 Jul/16
Hungary -0.30 Jul/16
Iceland 1.10 Jul/16
India 6.07 Jul/16
Indonesia 3.21 Jul/16
Iran 8.10 Jul/16
Iraq -0.40 Jul/16
Ireland 0.50 Jul/16
Israel -0.60 Jul/16
Italy -0.10 Jul/16
Ivory Coast 0.40 Jul/16
Jamaica 2.20 Jul/16
Japan -0.40 Jul/16
Jordan -0.40 Jul/16
Kazakhstan 17.70 Jul/16
Kenya 6.40 Jul/16
Kosovo 0.00 Jul/16
Kuwait 3.10 Jul/16
Kyrgyzstan 1.20 Jul/16
Laos 1.97 Jul/16
Latvia 0.10 Jul/16
Lebanon -0.48 Jul/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.20 Jul/16
Lithuania 0.50 Jul/16
Luxembourg -0.03 Jul/16
Macau 2.08 Jul/16
Macedonia -0.30 Jul/16
Madagascar 6.40 Jun/16
Malawi 23.50 Jul/16
Malaysia 1.10 Jul/16
Maldives -0.20 Jun/16
Mali -3.70 Jul/16
Malta 0.90 Jul/16
Mauritania 0.90 Apr/16
Mauritius 1.00 Jul/16
Mexico 2.65 Jul/16
Moldova 7.00 Jul/16
Mongolia 0.90 Jul/16
Montenegro -0.60 Jul/16
Morocco 1.60 Jul/16
Mozambique 20.68 Jul/16
Myanmar 11.41 Dec/15
Namibia 7.00 Jul/16
Nepal 11.10 Jun/16
Netherlands -0.30 Jul/16
New Caledonia 0.80 Jul/16
New Zealand 0.40 Jun/16
Nicaragua 4.10 Jul/16
Niger 0.10 Jul/16
Nigeria 16.50 Jun/16
North Korea 55.00 Jul/13
Norway 4.40 Jul/16
Oman 1.30 Jul/16
Pakistan 4.12 Jul/16
Palestine 0.34 Jul/16
Panama 0.10 Jul/16
Papua New Guinea 6.50 Mar/16
Paraguay 2.90 Jul/16
Peru 2.96 Jul/16
Philippines 1.90 Jul/16
Poland -0.90 Jul/16
Portugal 0.60 Jul/16
Puerto Rico 0.20 Jun/16
Qatar 2.80 Jul/16
Republic of the Congo 3.70 Apr/15
Romania -0.80 Jul/16
Russia 7.20 Jul/16
Rwanda 7.80 Jul/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.80 Jul/16
Senegal 1.40 Jun/16
Serbia 1.20 Jul/16
Seychelles -0.70 Jul/16
Sierra Leone 8.77 Mar/16
Singapore -0.70 Jul/16
Slovakia -0.90 Jul/16
Slovenia 0.20 Jul/16
Somalia -4.00 Dec/14
South Africa 6.00 Jul/16
South Korea 0.70 Jul/16
South Sudan 661.30 Jul/16
Spain -0.60 Jul/16
Sri Lanka 5.50 Jul/16
Sudan 16.50 Jul/16
Suriname 63.80 Jun/16
Swaziland 7.50 Jun/16
Sweden 1.10 Jul/16
Switzerland -0.20 Jul/16
Syria 48.09 Dec/15
Taiwan 1.23 Jul/16
Tajikistan 6.00 Jul/16
Tanzania 5.10 Jul/16
Thailand 0.10 Jul/16
Togo 2.10 Jul/16
Trinidad and Tobago 3.40 Jun/16
Tunisia 3.70 Jul/16
Turkey 8.79 Jul/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Jul/16
Ukraine 7.90 Jul/16
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United Kingdom 0.60 Jul/16
United States 0.80 Jul/16
Uruguay 10.05 Jul/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.57 Aug/16
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Zambia 19.60 Aug/16
Zimbabwe -1.60 Jul/16