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

The inflation rate in the United Kingdom was recorded at 0 percent in February of 2015. Inflation Rate in the United Kingdom averaged 2.73 percent from 1989 until 2015, reaching an all time high of 8.50 percent in April of 1991 and a record low of 0 percent in February of 2015. Inflation Rate in the United Kingdom is reported by the Office for National Statistics.

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United Kingdom Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.30 8.50 0.00 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, April 2, 2015.


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.

Food prices fell by 3.4% and prices of motor fuels fell by 16.6%. The food and motor fuels groups in total reduced the CPI 12-month rate by approximately 0.9 percentage points.

The largest downward contributions to the change in the CPI 12-month rate between January and February 2015 came from:
• Recreation & culture: prices, overall, were little changed between January and February this year compared with a rise of 0.8% between the same two months a year ago. The downward contribution came from price movements for a range of recreational goods and services, most notably data processing equipment, books and games, toys & hobbies.
• Food & non-alcoholic beverages: prices, overall, fell by 0.2% between January and February 2015, compared with a rise of 0.5% between the same two months a year earlier. The fall in prices this year is the first between January and February since 1998. The downward effects came from a variety of product groups, particularly milk, cheese & eggs, mineral waters, soft drinks & juices, bread & cereals and sugar, jam, syrups, chocolate & confectionery.
• Furniture, household equipment & maintenance: prices, overall, rose by 1.4% between January and February, compared with a larger rise of 2.4% between the same two months a year ago. The downward contribution came principally from furniture & furnishings where prices rose by less than a year ago following the January sales period.

The CPI rose by 0.3% between January and February 2015 compared with a larger rise of 0.5% between the same two months a year earlier. 

The core inflation rate which strips out increases in energy, food, alcohol and tobacco, fell to 1.2 percent in February compared with 1.4 percent in January.

ONS | anna@tradingeconomics.com
3/24/2015 9:57:59 AM


Recent Releases

UK Inflation Rate at Record Low
British annual inflation rate eased to 0.3 percent in January of 2015 from 0.5 percent in the previous month, reaching the lowest on record. Falling prices for motor fuels and food were the main contributors to the slowdown. Published on 2015-02-17

UK Inflation Rate At 14-Year Low
British annual inflation rate slowed to 0.5 percent in December of 2014 from 1 percent in the previous month, due to a drop in food and fuel prices. It is the lowest rate since May of 2000. Published on 2015-01-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-13 09:30 AM
Inflation Rate YoY  Dec
0.5% 1.0% 0.7% 0.8%
2015-02-17 09:30 AM
Inflation Rate YoY  Jan
0.3% 0.5% 0.3% 0.33%
2015-03-24 09:30 AM
Inflation Rate YoY  Feb
0% 0.3% 0.1% 0.1%
2015-04-14 09:30 AM
Inflation Rate YoY  Mar
0% 0.4%
2015-05-19 09:30 AM
Inflation Rate YoY  Apr
0.61%
2015-06-16 09:30 AM
Inflation Rate YoY  May
0.57%


United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.00 0.30 8.50 0.00 percent [+]
Inflation Rate Mom 0.30 -0.90 3.37 -0.94 percent [+]
Consumer Price Index CPI 127.39 127.07 128.53 61.90 Index Points [+]
Core Inflation Rate 1.20 1.40 3.70 -0.10 percent [+]
Harmonised Consumer Prices 127.39 127.07 128.53 124.40 Index Points [+]
Core Consumer Prices 123.82 123.40 124.30 87.60 Index Points [+]
GDP Deflator 105.63 105.58 105.63 4.59 Index Points [+]
Producer Prices Change -1.80 -1.90 27.80 -1.80 percent [+]
Export Prices 90.80 92.80 103.10 12.20 Index Points [+]
Import Prices 91.80 93.40 102.70 12.00 Index Points [+]
Food Inflation -3.30 -2.50 13.00 -3.30 percent [+]
Producer Prices 106.70 106.50 108.90 8.10 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 7.70 Feb/15 7.14 6821.31 1.65 percent [+]
Canada 1.00 Feb/15 1.00 21.60 -17.80 percent [+]
China 1.40 Feb/15 0.80 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.30 Feb/15 -0.40 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.37 Feb/15 5.19 11.16 4.38 percent [+]
Indonesia 6.38 Mar/15 6.29 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.00 Feb/15 3.07 179.73 2.91 percent [+]
Netherlands 0.14 Feb/15 0.00 11.19 -1.30 percent [+]
Russia 16.70 Feb/15 15.00 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.80 Feb/15 -0.50 11.92 -1.37 percent [+]
Turkey 7.55 Feb/15 7.24 138.71 -4.01 percent [+]
United Kingdom 0.00 Feb/15 0.30 8.50 0.00 percent [+]
United States 0.00 Feb/15 -0.10 23.70 -15.80 percent [+]