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

Consumer prices in the United Kingdom went up 0.5 percent year-on-year in June of 2016, accelerating from a 0.3 percent increase in the previous two months and higher than market expectations of a 0.4 percent gain. Cost of housing and utilities increased for the first time in three months and recreation and culture recorded the biggest gain since October of 2014. Inflation Rate in the United Kingdom averaged 2.61 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
0.50 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 0.5% 0.3% 0.4% 0.5%
2016-08-16 08:30 AM Jul 0.5% 0.5%
2016-09-13 08:30 AM Aug 0.6%
2016-10-18 08:30 AM Sep 0.8%

UK Inflation Rate Above Expectations


Consumer prices in the United Kingdom went up 0.5 percent year-on-year in June of 2016, accelerating from a 0.3 percent increase in the previous two months and higher than market expectations of a 0.4 percent gain. Cost of housing and utilities increased for the first time in three months and recreation and culture recorded the biggest gain since October of 2014.

Year-on-year, prices of housing and utilities edged up 0.1 percent after being flat in May; cost of recreation and culture rose 0.8 percent and restaurants and hotels increased 2.3 percent (2.6 percent in May). In contrast, transport prices declined 0.2 percent after falling at a faster 1 percent in May and food deflation deepened to 2.9 percent, the worst so far this year. 

On a monthly basis, consumer prices edged up 0.2 percent, the same as in May. Upward pressure came from: transport prices (up 1.1 percent), namely air fares, with the main contribution coming from European routes. The 10.9% rise in fares this year was the largest May to June movement on record although it is important to note that air fares are highly variable. Motor fuel prices also rose by more than a year ago, with petrol and diesel prices rising by 2.3 and 2.6 pence per litre respectively between May and June 2016. A smaller upward effect came from changes in sea transport fares, though this was offset by a downward pull from rail transport. Recreation and culture prices, overall, rose by 0.6 percent, principally games, toys and hobbies (particularly computer games. Other smaller upward effects came from cultural services and books. Communication, namely telephone equipment and services. In contrast, downward contribution came from furniture, household equipment and maintenance (prices fell by 0.3 percent), mainly furniture and furnishings, particularly kitchen units. 

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
7/19/2016 9:56:40 AM

United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.50 0.30 8.50 -0.10 percent [+]
Inflation Rate Mom 0.20 0.20 3.37 -0.94 percent [+]
Consumer Price Index CPI 100.60 100.40 100.60 48.40 Index Points [+]
Harmonised Consumer Prices 100.62 100.42 100.62 48.40 Index Points [+]
Core Consumer Prices 101.30 101.10 101.30 72.90 Index Points [+]
Core Inflation Rate 1.40 1.20 3.70 -0.10 percent [+]
GDP Deflator 102.16 101.63 102.45 4.40 Index Points [+]
Producer Prices Change -0.40 -0.60 27.80 -1.90 percent [+]
Export Prices 92.40 90.40 103.10 12.20 Index Points [+]
Import Prices 91.20 90.90 102.70 12.00 Index Points [+]
Food Inflation -2.90 -2.80 13.00 -3.30 percent [+]
Producer Prices 106.70 106.40 108.90 8.10 Index Points [+]
Cpi Transportation 100.90 99.90 105.23 40.40 Index Points [+]




Last
Afghanistan 5.96 Jun/16
Albania 1.20 Jun/16
Algeria 8.20 Jun/16
Angola 31.80 Jun/16
Argentina 40.50 Apr/16
Armenia -1.10 Jun/16
Aruba -1.60 May/16
Australia 1.00 Jun/16
Austria 0.60 Jun/16
Azerbaijan 10.40 May/16
Bahamas 2.00 Dec/15
Bahrain 3.30 Jun/16
Bangladesh 5.53 Jun/16
Barbados -1.40 Feb/16
Belarus 12.10 Jun/16
Belgium 2.28 Jul/16
Belize 1.00 May/16
Benin -0.80 Jun/16
Bhutan 3.03 Mar/16
Bolivia 4.16 Jun/16
Bosnia and Herzegovina -1.50 Jun/16
Botswana 2.70 Jun/16
Brazil 8.84 Jun/16
Brunei -1.10 Jun/16
Bulgaria -1.30 Jun/16
Burkina Faso 2.00 May/16
Burundi 3.90 Jun/17
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 Jun/16
Cape Verde -2.30 Jun/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 Jun/16
China 1.90 Jun/16
Colombia 8.60 Jun/16
Comoros 1.40 Dec/14
Congo 2.22 May/16
Costa Rica -0.88 Jun/16
Croatia -1.60 Jun/16
Cuba 4.40 Dec/15
Cyprus -2.16 Jun/16
Czech Republic 0.10 Jun/16
Denmark 0.30 Jun/16
Djibouti 2.60 Mar/15
Dominican Republic 1.91 Jun/16
East Timor -1.70 May/16
Ecuador 1.59 Jun/16
Egypt 14.00 Jun/16
El Salvador 0.92 Jun/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.40 Jun/16
Ethiopia 7.50 Jun/16
Euro Area 0.20 Jul/16
European Union 0.00 Jun/16
Fiji 5.30 Jun/16
Finland 0.40 Jun/16
France 0.20 Jul/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 1.10 Jun/16
Germany 0.40 Jul/16
Ghana 18.40 Jun/16
Greece -0.70 Jun/16
Guatemala 4.43 Jun/16
Guinea 8.20 May/16
Guinea Bissau 2.60 May/16
Guyana 0.40 Jun/16
Haiti 15.10 May/16
Honduras 2.45 Jun/16
Hong Kong 2.40 Jun/16
Hungary -0.20 Jun/16
Iceland 1.10 Jul/16
India 5.77 Jun/16
Indonesia 3.45 Jun/16
Iran 7.30 May/16
Iraq 2.50 May/16
Ireland 0.40 Jun/16
Israel -0.80 Jun/16
Italy -0.10 Jul/16
Ivory Coast 0.90 Jun/16
Jamaica 2.50 Jun/16
Japan -0.40 Jun/16
Jordan -1.60 May/16
Kazakhstan 17.30 Jun/16
Kenya 6.40 Jul/16
Kosovo -0.30 Jun/16
Kuwait 3.10 Jun/16
Kyrgyzstan 1.30 Jun/16
Laos 1.17 May/16
Latvia -0.50 Jun/16
Lebanon -0.98 Jun/16
Lesotho 7.80 Apr/16
Liberia 7.80 Apr/16
Libya 10.10 Nov/15
Liechtenstein -0.40 Jun/16
Lithuania 0.70 Jun/16
Luxembourg 0.02 Jun/16
Macau 2.26 Jun/16
Macedonia -0.70 Jun/16
Madagascar 6.20 Apr/16
Malawi 22.60 Jun/16
Malaysia 1.60 Jun/16
Maldives 0.80 May/16
Mali -1.20 Jun/16
Malta 1.00 Jun/16
Mauritania 0.90 Apr/16
Mauritius 1.10 Jun/16
Mexico 2.54 Jun/16
Moldova 7.40 Jun/16
Mongolia 1.60 Jun/16
Montenegro -1.00 Jun/16
Morocco 2.30 Jun/16
Mozambique 19.72 Jun/16
Myanmar 11.41 Dec/15
Namibia 6.70 Jun/16
Nepal 10.00 May/16
Netherlands 0.00 Jun/16
New Caledonia 0.80 May/16
New Zealand 0.40 Jun/16
Nicaragua 3.60 Jun/16
Niger 2.10 May/16
Nigeria 16.50 Jun/16
North Korea 55.00 Jul/13
Norway 3.70 Jun/16
Oman 1.50 Jun/16
Pakistan 3.19 Jun/16
Palestine -0.14 Jun/16
Panama 0.10 Jun/16
Papua New Guinea 6.50 Mar/16
Paraguay 4.70 Jun/16
Peru 3.34 Jun/16
Philippines 1.90 Jun/16
Poland -0.90 Jul/16
Portugal 0.50 Jun/16
Puerto Rico -0.20 Apr/16
Qatar 2.50 Jun/16
Republic of the Congo 3.70 Apr/15
Romania -0.70 Jun/16
Russia 7.50 Jun/16
Rwanda 6.30 Jun/16
Sao Tome and Principe 6.20 May/16
Saudi Arabia 4.10 Jun/16
Senegal 1.40 Jun/16
Serbia 0.30 Jun/16
Seychelles -1.40 Jun/16
Sierra Leone 8.85 Dec/15
Singapore -0.70 Jun/16
Slovakia -0.80 Jun/16
Slovenia 0.20 Jul/16
Somalia -4.00 Dec/14
South Africa 6.30 Jun/16
South Korea 0.80 Jun/16
South Sudan 309.60 Jun/16
Spain -0.60 Jul/16
Sri Lanka 5.50 Jul/16
Sudan 14.31 Jun/16
Suriname 55.00 May/16
Swaziland 8.50 Apr/16
Sweden 1.00 Jun/16
Switzerland -0.40 Jun/16
Syria 48.09 Dec/15
Taiwan 0.90 Jun/16
Tajikistan 5.50 Jun/16
Tanzania 5.50 Jun/16
Thailand 0.38 Jun/16
Togo 2.50 Jun/16
Trinidad and Tobago 3.40 May/16
Tunisia 3.90 Jun/16
Turkey 7.64 Jun/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Jul/16
Ukraine 6.90 Jun/16
United Arab Emirates 1.76 Jun/16
United Kingdom 0.50 Jun/16
United States 1.00 Jun/16
Uruguay 10.94 Jun/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.39 Jul/16
Yemen 9.49 Nov/14
Zambia 20.20 Jul/16
Zimbabwe -1.37 Jun/16