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

The inflation rate in the United Kingdom was recorded at 0 percent in March 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.

      Forecast    
United Kingdom Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 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 Saturday, April 18, 2015.


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.

Year-on-year, prices of food and non-alcoholic beverages recorded the largest decrease (-3 percent), followed by transport (-1.9 percent), recreation and culture (-0.7 percent), miscellaneous goods and services (-0.5 percent), clothing and footwear (-0.2 percent) and furniture, household equipment and routine maintenance (-0.2 percent). 

Upward pressures came from education (+10 percent), alcoholic beverages and tobacco (+3.4 percent), health (+2.1 percent), restaurants and hotels (+2 percent), communication (0.9 percent) and housing, water and utilities (0.7 percent). 

On a monthly basis, consumer prices increased 0.2 percent, slowing from a 0.3 percent increase in February.

The largest downward contributions came from prices of clothing and footwear (-0.1 percent), mainly women’s outerwear, particularly trousers, dresses and cardigans. There was also a smaller downward effect from men’s outerwear.

Cost of housing and household services went down 0.4 percent, mainly due to gas prices and cost of food and non-alcoholic beverages fell 0.2 percent, mainly meat and fruit. 

In contrast, transport prices increased 0.7 percent, mainly due to motor fuels - average petrol prices rose by 3.8 pence per litre and diesel prices also rose by 3.5 pence per litre.

The core inflation rate which strips out increases in energy, food, alcohol and tobacco, slowed to 1.0 percent in March compared with 1.2 percent in February.

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
4/14/2015 10:32:44 AM


Recent Releases

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

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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% 0% 0% -0.1%
2015-05-19 09:30 AM
Inflation Rate YoY  Apr
0.0% 0.61%
2015-06-16 09:30 AM
Inflation Rate YoY  May
0.57%
2015-07-14 09:30 AM
Inflation Rate YoY  Jun
0.54%


United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.00 0.00 8.50 0.00 percent [+]
Inflation Rate Mom 0.20 0.30 3.37 -0.94 percent [+]
Consumer Price Index CPI 127.64 127.39 128.53 61.90 Index Points [+]
Core Inflation Rate 1.00 1.20 3.70 -0.10 percent [+]
Harmonised Consumer Prices 127.64 127.39 128.53 124.40 Index Points [+]
Core Consumer Prices 124.02 123.82 124.30 87.60 Index Points [+]
GDP Deflator 105.63 105.58 105.63 4.59 Index Points [+]
Producer Prices Change -1.70 -1.80 27.80 -1.90 percent [+]
Export Prices 90.70 91.20 103.10 12.20 Index Points [+]
Import Prices 91.30 92.50 102.70 12.00 Index Points [+]
Food Inflation -3.00 -3.30 13.00 -3.30 percent [+]
Producer Prices 107.00 106.80 108.90 8.10 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 8.13 Mar/15 7.70 6821.31 1.65 percent [+]
Canada 1.20 Mar/15 1.00 21.60 -17.80 percent [+]
China 1.40 Mar/15 1.40 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.10 Mar/15 -0.30 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.17 Mar/15 5.37 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 3.14 Mar/15 3.00 179.73 2.91 percent [+]
Netherlands 0.38 Mar/15 0.20 11.19 -1.30 percent [+]
Russia 16.90 Mar/15 16.70 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 -0.90 Mar/15 -0.80 11.92 -1.37 percent [+]
Turkey 7.61 Mar/15 7.55 138.71 -4.01 percent [+]
United Kingdom 0.00 Mar/15 0.00 8.50 0.00 percent [+]
United States -0.10 Mar/15 0.00 23.70 -15.80 percent [+]