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

Consumer prices in the United Kingdom went up 0.3 percent year-on-year in April of 2016, slowing from a 15-month high increase of 0.5 percent in March and lower than market expectations of a 0.5 percent gain. The inflation rate slowed for the first time since September last year, dragged down mainly by prices of air fares, vehicles, fuels and lubricants and electricity. 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 0.50 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-22 09:30 AM Feb 0.3% 0.3% 0.4% 0.3%
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% 0.5%
2016-07-19 08:30 AM Jun 0.4%
2016-08-16 08:30 AM Jul 0.4%

UK Inflation Rate Slows for 1st Time in 7 Months


Consumer prices in the United Kingdom went up 0.3% yoy in April, slowing from a 15-month high of 0.5% in March and lower than market expectations of a 0.5% gain. It is the first drop in inflation rate since September as cost of air fares, vehicles, fuels and lubricants and electricity declined.

Year-on-year, transport prices declined at a faster 1.3 percent (-0.1 percent in March), cost of housing and utilities fell 0.1 percent (following a 0.4 percent gain in March) and cost of food and non-alcoholic beverages went down 2.5 percent (-2.7 percent in March). In addition, the inflation for clothing and footwear slowed (0.3 percent from 1.4 percent in March) and remained steady at 1 percent for miscellaneous goods and services. In contrast, cost of recreation and culture rebounded (0.4 percent from -0.2 percent in March), rising for the first time since January of 2015 and prices of restaurants and hotels grew at a faster 2.3 percent (2.1 percent in March), also the highest since January last year. 

On a monthly basis, consumer prices edged up 0.1 percent, slowing from a 0.4 percent rise in the previous month and the lowest since January. The main downward contribution came from transport prices (-0.1 percent), namely air transport, with prices falling by 14.2 percent and influenced by the timing of Easter, which contributed to a large increase in fares between February and March 2016, with a subsequent fall in April 2016. There was also a smaller downward effect from purchase of vehicles, particularly second-hand cars. These downward effects were partially offset by an upward contribution from motor fuels, with prices for both petrol and diesel rising by more than they did a year ago. In addition, prices of clothing and footwear fell 0.4 percent and cost of housing and utilities declined 0.2 percent, mainly due to social housing rent. This is likely to be due to changes that were announced in the Summer Budget 2015, in which social housing rent was set to decrease by 1 percent for the next 4 years, starting in April 2016. In contrast, the main upward contributions came from recreation and culture with prices rising 0.8 percent, mainly due to computer games and admission to cultural events.

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

ONS | Joana Taborda | joana.taborda@tradingeconomics.com
5/17/2016 10:15:36 AM

United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.30 0.50 8.50 -0.10 percent [+]
Inflation Rate Mom 0.10 0.40 3.37 -0.94 percent [+]
Consumer Price Index CPI 100.20 100.20 100.40 48.40 Index Points [+]
Harmonised Consumer Prices 100.23 100.16 100.40 48.40 Index Points [+]
Core Consumer Prices 100.90 101.00 101.00 72.90 Index Points [+]
Core Inflation Rate 1.20 1.50 3.70 -0.10 percent [+]
GDP Deflator 103.99 104.42 104.42 4.52 Index Points [+]
Producer Prices Change -0.70 -0.90 27.80 -1.90 percent [+]
Export Prices 90.00 88.20 103.10 12.20 Index Points [+]
Import Prices 89.90 89.20 102.70 12.00 Index Points [+]
Food Inflation -2.50 -2.70 13.00 -3.30 percent [+]
Producer Prices 106.30 105.90 108.90 8.10 Index Points [+]
Cpi Transportation 99.00 99.08 105.23 40.40 Index Points [+]




Last
Afghanistan 3.85 Mar/16
Albania 0.30 Apr/16
Algeria 4.61 Mar/16
Angola 26.41 Apr/16
Argentina 35.00 Mar/16
Armenia -1.90 Apr/16
Aruba -1.80 Mar/16
Australia 1.30 Mar/16
Austria 0.50 Apr/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.80 Apr/16
Bangladesh 5.61 Apr/16
Barbados -1.06 Dec/15
Belarus 12.60 Apr/16
Belgium 2.04 Apr/16
Belize 0.10 Mar/16
Benin -0.20 Feb/16
Bhutan 3.03 Mar/16
Bolivia 4.12 Apr/16
Bosnia and Herzegovina -1.60 Apr/16
Botswana 2.80 Apr/16
Brazil 9.28 Apr/16
Brunei 0.00 Mar/16
Bulgaria -2.20 Apr/16
Burkina Faso 0.70 Mar/16
Burundi 4.30 Mar/16
Cambodia 2.31 Feb/16
Cameroon 1.47 Dec/15
Canada 1.70 Apr/16
Cape Verde -0.90 Apr/16
Cayman Islands -2.50 Dec/15
Central African Republic 25.58 Jun/14
Chad -3.40 Mar/16
Chile 4.20 Apr/16
China 2.30 Apr/16
Colombia 7.93 Apr/16
Comoros 1.40 Dec/14
Congo 2.10 Mar/16
Costa Rica -0.92 Apr/16
Croatia -1.70 Apr/16
Cuba 5.30 Dec/14
Cyprus -2.47 Apr/16
Czech Republic 0.60 Apr/16
Denmark 0.00 Apr/16
Djibouti 2.60 Mar/15
Dominican Republic 1.75 Apr/16
East Timor -1.60 Mar/16
Ecuador 1.78 Apr/16
Egypt 10.30 Apr/16
El Salvador 0.86 Apr/16
Equatorial Guinea 3.90 Dec/15
Eritrea 11.40 Dec/14
Estonia -0.80 Apr/16
Ethiopia 7.40 Apr/16
Euro Area -0.20 Apr/16
European Union 0.00 Mar/16
Fiji 0.80 Mar/16
Finland 0.30 Apr/16
France -0.20 Apr/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 3.20 Apr/16
Germany -0.10 Apr/16
Ghana 18.70 Apr/16
Greece -1.30 Apr/16
Guatemala 4.25 Apr/16
Guinea 7.70 Mar/16
Guinea Bissau 2.30 Mar/16
Guyana -0.97 Sep/15
Haiti 14.80 Mar/16
Honduras 2.48 Mar/16
Hong Kong 2.70 Apr/16
Hungary 0.20 Apr/16
Iceland 1.60 Apr/16
India 5.39 Apr/16
Indonesia 3.60 Apr/16
Iran 8.30 Mar/16
Iraq 1.80 Mar/16
Ireland -0.10 Apr/16
Israel -0.90 Apr/16
Italy -0.50 Apr/16
Ivory Coast 2.00 Apr/16
Jamaica 2.40 Apr/16
Japan -0.10 Mar/16
Jordan -1.20 Apr/16
Kazakhstan 16.30 Apr/16
Kenya 5.27 Apr/16
Kosovo -0.10 Apr/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.80 Apr/16
Lebanon -2.35 Apr/16
Lesotho 6.60 Feb/16
Liberia 7.10 Feb/16
Libya 10.10 Nov/15
Liechtenstein -0.40 Apr/16
Lithuania 1.00 Apr/16
Luxembourg 0.07 Apr/16
Macau 3.31 Mar/16
Macedonia -0.70 Apr/16
Madagascar 6.00 Mar/16
Malawi 20.10 Apr/16
Malaysia 2.10 Apr/16
Maldives 1.40 Mar/16
Mali -2.50 Apr/16
Malta 0.80 Apr/16
Mauritania 0.90 Apr/16
Mauritius 0.20 Apr/16
Mexico 2.54 Apr/16
Moldova 8.30 Apr/16
Mongolia 2.10 Apr/16
Montenegro -0.70 Apr/16
Morocco 1.60 Apr/16
Mozambique 17.29 Apr/16
Myanmar 15.19 Sep/15
Namibia 6.60 Apr/16
Nepal 10.20 Mar/16
Netherlands 0.00 Apr/16
New Caledonia 1.10 Apr/16
New Zealand 0.40 Mar/16
Nicaragua 3.60 Apr/16
Niger 0.30 Apr/16
Nigeria 13.70 Apr/16
North Korea 55.00 Jul/13
Norway 3.20 Apr/16
Oman 0.10 Mar/16
Pakistan 4.17 Apr/16
Palestine -0.28 Apr/16
Panama 0.60 Apr/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.50 Apr/16
Peru 3.91 Apr/16
Philippines 1.10 Apr/16
Poland -1.10 Apr/16
Portugal 0.50 Apr/16
Puerto Rico -0.60 Mar/16
Qatar 3.40 Apr/16
Republic of the Congo 3.70 Apr/15
Romania -3.30 Apr/16
Russia 7.30 Apr/16
Rwanda 4.40 Apr/16
Sao Tome and Principe 4.70 Mar/16
Saudi Arabia 4.30 Mar/16
Senegal 0.70 Apr/16
Serbia 0.40 Apr/16
Seychelles -1.10 Apr/16
Sierra Leone 8.85 Dec/15
Singapore -0.50 Apr/16
Slovakia -0.40 Apr/16
Slovenia -0.60 Apr/16
Somalia -4.00 Dec/14
South Africa 6.20 Apr/16
South Korea 1.00 Apr/16
South Sudan 266.40 Apr/16
Spain -1.10 Apr/16
Sri Lanka 4.30 Apr/16
Sudan 12.85 Apr/16
Suriname 36.60 Mar/16
Swaziland 4.90 Dec/15
Sweden 0.80 Apr/16
Switzerland -0.40 Apr/16
Syria 44.70 Nov/15
Taiwan 1.88 Apr/16
Tajikistan 5.30 Apr/16
Tanzania 5.10 Apr/16
Thailand 0.07 Apr/16
Togo 2.20 Apr/16
Trinidad and Tobago 3.30 Mar/16
Tunisia 3.40 Apr/16
Turkey 6.57 Apr/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 9.80 Apr/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.30 Apr/16
United States 1.10 Apr/16
Uruguay 10.50 Apr/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.28 May/16
Yemen 9.49 Nov/14
Zambia 21.80 Apr/16
Zimbabwe -1.64 Apr/16