U.K. Inflation Rate 1960-2021

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 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 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 9.76%
Saudi Arabia 3.45%
Poland 3.37%
Hungary 3.33%
Czech Republic 3.16%
Chile 3.05%
Iceland 2.85%
Brunei 1.94%
Slovak Republic 1.94%
New Zealand 1.71%
Austria 1.38%
Norway 1.29%
Netherlands 1.27%
United States 1.23%
Lithuania 1.20%
United Kingdom 0.99%
Australia 0.85%
Luxembourg 0.82%
Belgium 0.74%
Canada 0.72%
Malta 0.64%
Trinidad and Tobago 0.60%
South Korea 0.54%
Germany 0.51%
Sweden 0.50%
France 0.48%
Denmark 0.42%
Hong Kong 0.33%
Latvia 0.22%
Bahamas 0.04%
Portugal -0.01%
Japan -0.02%
Slovenia -0.05%
Italy -0.14%
Singapore -0.18%
Spain -0.32%
Ireland -0.33%
Estonia -0.44%
Israel -0.59%
Cyprus -0.64%
Switzerland -0.73%
Oman -0.90%
Greece -1.25%
Panama -1.55%
UAE -2.08%
Bahrain -2.32%
Qatar -2.54%
U.K. Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%