U.K. Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- U.K. inflation rate for 2022 was 7.92%, a 5.4% increase from 2021.
- U.K. inflation rate for 2021 was 2.52%, a 1.53% increase from 2020.
- U.K. inflation rate for 2020 was 0.99%, a 0.75% decline from 2019.
- U.K. inflation rate for 2019 was 1.74%, a 0.55% decline from 2018.
| U.K. Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 7.92% | 5.40% |
| 2021 | 2.52% | 1.53% |
| 2020 | 0.99% | -0.75% |
| 2019 | 1.74% | -0.55% |
| 2018 | 2.29% | -0.27% |
| 2017 | 2.56% | 1.55% |
| 2016 | 1.01% | 0.64% |
| 2015 | 0.37% | -1.08% |
| 2014 | 1.45% | -0.84% |
| 2013 | 2.29% | -0.28% |
| 2012 | 2.57% | -1.28% |
| 2011 | 3.86% | 1.36% |
| 2010 | 2.49% | 0.53% |
| 2009 | 1.96% | -1.56% |
| 2008 | 3.52% | 1.13% |
| 2007 | 2.39% | -0.07% |
| 2006 | 2.46% | 0.37% |
| 2005 | 2.09% | 0.70% |
| 2004 | 1.39% | 0.01% |
| 2003 | 1.38% | -0.14% |
| 2002 | 1.52% | -0.01% |
| 2001 | 1.53% | 0.35% |
| 2000 | 1.18% | -0.57% |
| 1999 | 1.75% | -0.07% |
| 1998 | 1.82% | -0.38% |
| 1997 | 2.20% | -0.65% |
| 1996 | 2.85% | 0.15% |
| 1995 | 2.70% | 0.48% |
| 1994 | 2.22% | -0.34% |
| 1993 | 2.56% | -2.03% |
| 1992 | 4.59% | -2.87% |
| 1991 | 7.46% | -0.60% |
| 1990 | 8.06% | 2.30% |
| 1989 | 5.76% | 1.60% |
| 1988 | 4.16% | 0.01% |
| 1987 | 4.15% | 0.72% |
| 1986 | 3.43% | -2.64% |
| 1985 | 6.07% | 1.11% |
| 1984 | 4.96% | 0.35% |
| 1983 | 4.61% | -3.99% |
| 1982 | 8.60% | -3.28% |
| 1981 | 11.88% | -6.09% |
| 1980 | 17.97% | 4.54% |
| 1979 | 13.42% | 5.16% |
| 1978 | 8.26% | -7.58% |
| 1977 | 15.84% | -0.72% |
| 1976 | 16.56% | -7.65% |
| 1975 | 24.21% | 8.16% |
| 1974 | 16.04% | 6.85% |
| 1973 | 9.20% | 2.12% |
| 1972 | 7.07% | -2.37% |
| 1971 | 9.44% | 3.08% |
| 1970 | 6.37% | 0.92% |
| 1969 | 5.45% | 0.75% |
| 1968 | 4.70% | 2.22% |
| 1967 | 2.48% | -1.43% |
| 1966 | 3.91% | -0.86% |
| 1965 | 4.77% | 1.49% |
| 1964 | 3.28% | 1.26% |
| 1963 | 2.02% | -2.18% |
| 1962 | 4.20% | 0.75% |
| 1961 | 3.45% | 2.44% |
| 1960 | 1.00% | 2.44% |