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

The inflation rate in the United Kingdom was recorded at 0.10 percent in July of 2015, accelerating slightly from 0 percent in June and beating market expectations. Inflation Rate in the United Kingdom averaged 2.69 percent from 1989 until 2015, 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
0.10 0.00 8.50 -0.10 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 Friday, August 28, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-16 09:30 AM May 0.1% -0.1% 0.1% 0.0%
2015-07-14 09:30 AM Jun 0.0% 0.1% 0.0% 0.1%
2015-08-18 09:30 AM Jul 0.1% 0.0% 0% 0%
2015-09-15 09:30 AM Aug 0.1% 0.1%
2015-10-13 09:30 AM Sep 0.3%
2015-11-17 09:30 AM Oct 0.2%


UK Inflation Rate Tops Forecasts


British inflation rate rose to 0.1 percent in July, beating market expectations and higher than 0 percent in June, driven by cost of housing and utilities and a rebound in clothing and footwear prices. Core inflation hit a five-month high.

Year-on-year, upward pressure came from cost of housing and utilities (up 0.4 percent, the same as in June) and restaurants and hotels (up 1.6 percent, from 1.9 percent in June). Prices of miscellaneous goods and services rose 0.7 percent (0.1 percent in June), clothing and footwear went up 1.7 percent (rebounding from a 0.8 percent drop in June), alcoholic beverages and tobacco increased 1.9 percent (2.3 percent in June) and communication cost rose 10 percent (the same since October last year).

In contrast, the highest downward pressure came from prices of transport (-1.9 percent from -1.8 percent in June), recreation and culture (-0.6 percent from -1 percent in June) and food and non-alcoholic beverages (-2.7 percent from -2.2 percent in June). 

On a monthly basis, consumer prices fell 0.2 percent in July after being flat in June. The largest downward contributions to the change came from food and non-alcoholic beverages: prices, overall, fell by 0.7 percent. The downward contribution came from price movements in most sectors – notably in the milk, cheese and eggs sector – where the prices of 2 pint cartons of shop bought milk have fallen. There was a partially offsetting contribution from rising prices in the bread and cereals sector. Cost of fuels and lubricants rose by 0.1p and diesel prices fell by 2.5p between June and July this year to stand at 116.5p and 118.7p per litre respectively. 

The core inflation rate which strips out increases in energy, food, alcohol and tobacco, accelerated to 1.2 percent from 0.8 percent in June, the highest since February. 

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
8/18/2015 10:05:25 AM


Recent Releases

UK Inflation Rate Back to 0%
British inflation rate slowed to 0 percent in June from 0.1 percent in May, in line with market expectations as transport and food prices fell further while cost of housing and utilities increased slightly.
Published on 2015-07-14

UK Consumer Prices Rise for The First Time in 4 Months
Consumer prices in Britain increased 0.1 percent year-on-year in May of 2015, following a 0.1 percent drop in April, as cost of housing and utilities increased while transport and food cost fell at a slower pace.
Published on 2015-06-16

UK Inflation Rate at Record Low
Consumer prices in Britain fell 0.1 percent year-on-year in April, compared to no change in March, driven by lower food and fuel cost. This is the first time the CPI has fallen since official records began in 1996 and the first time since 1960 based on comparable historic estimates.
Published on 2015-05-19

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.
Published on 2015-04-14


United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.10 0.00 8.50 -0.10 percent [+]
Inflation Rate Mom -0.20 0.00 3.37 -0.94 percent [+]
Consumer Price Index CPI 128.00 128.23 128.54 61.90 Index Points [+]
Core Inflation Rate 1.20 0.80 3.70 -0.10 percent [+]
Harmonised Consumer Prices 128.00 128.23 128.53 124.40 Index Points [+]
Core Consumer Prices 124.39 124.52 124.52 87.60 Index Points [+]
GDP Deflator 105.93 105.85 105.93 4.61 Index Points [+]
Producer Prices Change -1.60 -1.60 27.80 -1.90 percent [+]
Export Prices 91.10 91.00 103.10 12.20 Index Points [+]
Import Prices 91.20 91.60 102.70 12.00 Index Points [+]
Food Inflation -2.70 -2.20 13.00 -3.30 percent [+]
Producer Prices 106.90 107.10 108.90 8.10 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 9.56 Jul/15 8.89 6821.31 1.65 percent [+]
Canada 1.30 Jul/15 1.00 21.60 -17.80 percent [+]
China 1.60 Jul/15 1.40 28.40 -2.20 percent [+]
Euro Area 0.20 Jul/15 0.20 5.00 -0.70 percent [+]
France 0.20 Jul/15 0.30 18.80 -0.70 percent [+]
Germany 0.20 Aug/15 0.20 11.54 -7.62 percent [+]
India 3.78 Jul/15 5.40 11.16 3.78 percent [+]
Indonesia 7.26 Jul/15 7.26 82.40 -1.17 percent [+]
Italy 0.20 Jul/15 0.20 25.64 -0.60 percent [+]
Japan 0.20 Jul/15 0.40 25.00 -2.52 percent [+]
Mexico 2.74 Jul/15 2.87 179.73 2.74 percent [+]
Netherlands 1.00 Jul/15 1.00 11.19 -1.30 percent [+]
Russia 15.60 Jul/15 15.30 2333.30 3.60 percent [+]
South Korea 0.70 Jul/15 0.70 32.50 0.20 percent [+]
Spain -0.40 Aug/15 0.10 28.43 -1.37 percent [+]
Switzerland -1.30 Jul/15 -1.00 11.92 -1.37 percent [+]
Turkey 6.81 Jul/15 7.20 138.71 -4.01 percent [+]
United Kingdom 0.10 Jul/15 0.00 8.50 -0.10 percent [+]
United States 0.20 Jul/15 0.10 23.70 -15.80 percent [+]