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 2023 was 6.79%, a 1.13% decline from 2022.
- 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 - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
6.79% |
-1.13% |
| 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% |
