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

Consumer prices in the United Kingdom increased 0.3 percent year-on-year in May of 2016, the same as in April and below market expectations of a 0.4 percent increase. Transport prices declined less while food deflation deepened. Inflation Rate in the United Kingdom averaged 2.62 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
0.30 0.30 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-12 08:30 AM Mar 0.5% 0.3% 0.4% 0.4%
2016-05-17 08:30 AM Apr 0.3% 0.5% 0.5% 0.5%
2016-06-14 08:30 AM May 0.3% 0.3% 0.4% 0.4%
2016-07-19 08:30 AM Jun 0.3% 0.4%
2016-08-16 08:30 AM Jul 0.4%
2016-09-13 08:30 AM Aug 0.5%

UK Inflation Rate Steady at 0.3%


Consumer prices in the United Kingdom increased 0.3 percent year-on-year in May of 2016, the same as in April and below market expectations of a 0.4 percent increase. Transport prices declined less while food deflation deepened.

Year-on-year, transport prices fell at a slower 1 percent (-1.3 percent in April); cost of housing and utilities was flat (-0.1 percent in April) and cost of restaurants and hotels rose at a faster pace (2.6 percent from 2.3 percent). In contrast, prices of recreation and culture increased less (0.1 percent following a 0.4 percent rise in April) and food deflation deepened (-2.8 percent from -2.5 percent in April).

On a monthly basis, consumer prices grew at a faster 0.2 percent, following a 0.1 percent increase in April. Main upward contribution came from transport (prices up 0.9 percent), mainly due to motor fuels, where diesel prices rose by 3.0 pence per litre and sea fares. The overall upward contribution was partially offset by a downward effect from air fares. Cost of restaurants and hotels rose 0.5 percent, boosted by accommodation services namely hotel overnight. Communication prices increased 0.9 percent principally from bundled telecommunication services and mobile phone applications. Cost of miscellaneous goods and services edged up 0.1 percent, mainly due to insurance prices.

In contrast, downward contribution came from prices of clothing and footwear (-0.2 percent), namely children’s outerwear. Cost of recreation and culture fell 0.4 percent, mainly due to games, toys and hobbies (particularly computer games), partially offset by an upward effect from data processing equipment. In addition, prices of food and non-alcoholic beverages declined 0.4 percent, namely vegetables and confectionery.

The core index which excludes prices of energy, food, alcohol and tobacco edged up 0.2 percent on the month and gained 1.2 percent on the year.


ONS | Joana Taborda | joana.taborda@tradingeconomics.com
6/14/2016 9:59:55 AM

United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.30 0.30 8.50 -0.10 percent [+]
Inflation Rate Mom 0.20 0.10 3.37 -0.94 percent [+]
Consumer Price Index CPI 100.40 100.20 100.40 48.40 Index Points [+]
Harmonised Consumer Prices 100.42 100.23 100.42 48.40 Index Points [+]
Core Consumer Prices 101.10 100.90 101.10 72.90 Index Points [+]
Core Inflation Rate 1.20 1.20 3.70 -0.10 percent [+]
GDP Deflator 104.36 103.99 104.42 4.52 Index Points [+]
Producer Prices Change -0.70 -0.70 27.80 -1.90 percent [+]
Export Prices 90.40 90.00 103.10 12.20 Index Points [+]
Import Prices 90.90 89.90 102.70 12.00 Index Points [+]
Food Inflation -2.80 -2.50 13.00 -3.30 percent [+]
Producer Prices 106.40 106.30 108.90 8.10 Index Points [+]
Cpi Transportation 99.90 99.00 105.23 40.40 Index Points [+]




Last
Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.20 May/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -1.00 Apr/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area -0.10 May/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.00 May/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.10 May/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 7.70 Mar/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.70 May/16
India 5.76 May/16
Indonesia 3.33 May/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.30 May/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.30 Apr/16
Jordan -1.60 May/16
Kazakhstan 16.70 May/16
Kenya 5.00 May/16
Kosovo -0.10 May/16
Kuwait 2.85 Apr/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.17 May/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 3.50 May/16
Peru 3.54 May/16
Philippines 1.60 May/16
Poland -0.90 May/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.30 Apr/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia -0.40 May/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 May/16
South Sudan 295.00 May/16
Spain -1.00 May/16
Sri Lanka 4.80 May/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.46 May/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.40 May/16
Ukraine 7.50 May/16
United Arab Emirates 1.63 Apr/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.69 May/16