U.K. Inflation Rate 1960-2020

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 2019 was 1.74%, a 0.55% decline from 2018.
  • U.K. inflation rate for 2018 was 2.29%, a 0.27% decline from 2017.
  • U.K. inflation rate for 2017 was 2.56%, a 1.55% increase from 2016.
  • U.K. inflation rate for 2016 was 1.01%, a 0.64% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Argentina 53.55%
Uruguay 7.88%
Aruba 4.26%
Barbados 4.10%
Hungary 3.34%
Iceland 3.01%
Hong Kong 2.86%
Czech Republic 2.85%
Latvia 2.81%
Slovak Republic 2.66%
Netherlands 2.63%
Curacao 2.62%
Chile 2.56%
Bahamas 2.49%
Lithuania 2.33%
Estonia 2.28%
Poland 2.23%
Norway 2.17%
Canada 1.95%
United States 1.81%
Seychelles 1.81%
Sweden 1.78%
Luxembourg 1.74%
United Kingdom 1.74%
Malta 1.64%
Slovenia 1.63%
New Zealand 1.62%
Australia 1.61%
Austria 1.53%
Germany 1.45%
Belgium 1.44%
France 1.11%
Kuwait 1.09%
Finland 1.02%
Ireland 0.94%
Israel 0.84%
Croatia 0.77%
Denmark 0.76%
Spain 0.70%
Italy 0.61%
Singapore 0.57%
Japan 0.48%
South Korea 0.38%
Switzerland 0.36%
Portugal 0.34%
Greece 0.25%
Cyprus 0.25%
Oman 0.13%
Panama -0.36%
Brunei -0.39%
Qatar -0.67%
UAE -1.93%
Saudi Arabia -2.09%
U.K. Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%