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

The inflation rate in the United Kingdom was recorded at 0.10 percent in May of 2015. Inflation Rate in the United Kingdom averaged 2.71 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.

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United Kingdom Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.10 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 Saturday, July 4, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-14 09:30 AM Mar 0.0% 0% 0% -0.1%
2015-05-19 09:30 AM Apr -0.1% 0.0% 0.0% 0.0%
2015-06-16 09:30 AM May 0.1% -0.1% 0.1% 0.0%
2015-07-14 09:30 AM Jun 0.1% -0.37%
2015-08-18 09:30 AM Jul -0.51%
2015-09-15 09:30 AM Aug -0.62%


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.

Year-on-year, cost of housing and utilities increased 0.4 percent in May (0.5 percent in April); restaurants and hotels went up 1.9 percent (2 percent in April) and prices of clothing and footwear rose 0.2 percent, rebounding from a 0.4 percent drop in April. Transport prices recorded the lowest drop so far this year, falling by 1.5 percent (-2.8 percent in April), mainly due to air fares with the timing of Easter in April a likely factor in the movement. In addition, cost of food and non-alcoholic beverages decreased 1.8 percent (-2.8 percent in April). The largest downward pressure came from prices of recreation and culture that fell at a faster 1 percent in May (0.4 percent in April).

On a monthly basis, consumer prices increased 0.2 percent for the third consecutive period. The largest upward contribution came from transport prices which rose 0.6 percent, mainly driven by air transport. There was also a significant upward effect from motor fuels with average petrol prices rising by 2.5 pence per litre between April and May. The largest downward contribution came from prices of recreation and culture that fell 0.1 percent, mainly due to games, toys and hobbies (notably computer games) and data processing equipment (principally computer peripherals such as printers and routers). 

The core inflation rate which strips out increases in energy, food, alcohol and tobacco, accelerated to 0.9 percent in May from 0.8 percent in April.

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
6/16/2015 10:10:55 AM


Recent Releases

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

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


United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.10 -0.10 8.50 -0.10 percent [+]
Inflation Rate Mom 0.20 0.20 3.37 -0.94 percent [+]
Consumer Price Index CPI 128.20 127.95 128.53 61.90 Index Points [+]
Core Inflation Rate 0.90 0.80 3.70 -0.10 percent [+]
Harmonised Consumer Prices 128.16 127.95 128.53 124.40 Index Points [+]
Core Consumer Prices 124.48 124.32 124.48 87.60 Index Points [+]
GDP Deflator 105.85 105.49 105.85 4.61 Index Points [+]
Producer Prices Change -1.60 -1.70 27.80 -1.90 percent [+]
Export Prices 91.40 91.10 103.10 12.20 Index Points [+]
Import Prices 92.00 92.40 102.70 12.00 Index Points [+]
Food Inflation -1.80 -2.80 13.00 -3.30 percent [+]
Producer Prices 107.10 107.00 108.90 8.10 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Mar/15 1.70 23.90 -1.30 percent [+]
Brazil 8.47 May/15 8.17 6821.31 1.65 percent [+]
Canada 0.90 May/15 0.80 21.60 -17.80 percent [+]
China 1.20 May/15 1.50 28.40 -2.20 percent [+]
Euro Area 0.20 Jun/15 0.30 5.00 -0.70 percent [+]
France 0.30 May/15 0.10 18.80 -0.70 percent [+]
Germany 0.30 Jun/15 0.70 11.54 -7.62 percent [+]
India 5.01 May/15 4.87 11.16 4.38 percent [+]
Indonesia 7.26 Jun/15 7.15 82.40 -1.17 percent [+]
Italy 0.10 Jun/15 0.10 25.64 -0.60 percent [+]
Japan 0.50 May/15 0.60 25.00 -2.52 percent [+]
Mexico 2.88 May/15 3.06 179.73 2.88 percent [+]
Netherlands 1.10 May/15 0.60 11.19 -1.30 percent [+]
Russia 15.80 May/15 16.40 2333.30 3.60 percent [+]
South Korea 0.70 Jun/15 0.50 32.50 0.20 percent [+]
Spain 0.10 Jun/15 -0.20 28.43 -1.37 percent [+]
Switzerland -1.20 May/15 -1.10 11.92 -1.37 percent [+]
Turkey 7.20 Jun/15 8.09 138.71 -4.01 percent [+]
United Kingdom 0.10 May/15 -0.10 8.50 -0.10 percent [+]
United States 0.00 May/15 -0.20 23.70 -15.80 percent [+]