95 datasets found
  1. Inflation rate in the UK 2015-2025

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
    + more versions
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    Statista (2025). Inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/306648/inflation-rate-consumer-price-index-cpi-united-kingdom-uk/
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    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - Apr 2025
    Area covered
    United Kingdom
    Description

    The UK inflation rate was 3.5 percent in April 2025, up from 2.6 percent in the previous month, and the fastest rate of inflation since February 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent respectively.
    The Cost of Living Crisis High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23. Global inflation crisis causes rapid surge in prices The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.

  2. Consumer price inflation tables

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated May 21, 2025
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    Office for National Statistics (2025). Consumer price inflation tables [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceinflation
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    xlsxAvailable download formats
    Dataset updated
    May 21, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Measures of monthly UK inflation data including CPIH, CPI and RPI. These tables complement the consumer price inflation time series dataset.

  3. Consumer price inflation time series

    • ons.gov.uk
    • cy.ons.gov.uk
    csdb, csv, xlsx
    Updated May 21, 2025
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    Office for National Statistics (2025). Consumer price inflation time series [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceindices
    Explore at:
    csv, csdb, xlsxAvailable download formats
    Dataset updated
    May 21, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Comprehensive database of time series covering measures of inflation data for the UK including CPIH, CPI and RPI.

  4. CPI inflation rate in the UK 2025, by sector

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
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    Statista (2025). CPI inflation rate in the UK 2025, by sector [Dataset]. https://www.statista.com/statistics/281724/consumer-price-index-cpi-united-kingdom/
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    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 2025
    Area covered
    United Kingdom
    Description

    In April 2025, the UK inflation rate was 3.5 percent, with prices rising fastest in the housing, water, electricity, gas and other fuels sector, which had an inflation rate of 7.8 percent. In this month, prices were rising in all sectors, except for in the clothing and footwear, and furniture sectors. UK inflation falls in 2024 After reaching a peak of 11.1 percent in October 2022, the CPI inflation rate in the UK gradually declined over several months, falling to a low of 1.7 percent by August 2024. An uptick in inflation has occurred since that month, however, and by the end of the year inflation was at 2.5 percent above the Bank of England's target rate of 2 percent. Going into 2025, recent forecasts suggest that over the course of the year, inflation will average out at 2.6 percent, with the 2 percent target not met on an annual basis until at least 2029. Roots of the inflation crisis This long period of high inflation that the UK and much of the world experienced had its roots in the post-pandemic economic recovery of 2021. During that year, as consumer demand returned, global supply chains struggled to return to full capacity, resulting in prices rising. With inflation already elevated going into 2022, Russia's invasion of Ukraine added even more inflationary pressures to the global economy. European markets which were heavily reliant on Russian oil and gas gradually phased out hydrocarbons from their economies. Food prices were also heavily impacted due to Ukraine's difficulty in exporting its agricultural products.

  5. CPI inflation rate for goods and services in the UK 2015-2025

    • statista.com
    Updated May 21, 2025
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    Statista (2025). CPI inflation rate for goods and services in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/285202/rpi-goods-and-services/
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    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - Apr 2025
    Area covered
    United Kingdom
    Description

    In April 2025, the UK inflation rate for goods was 1.7 percent and 5.4 percent for services. Prices for goods accelerated significantly, sharply between in 2021 and 2022 before falling in 2023. By comparison, prices for services initially grew at a more moderate rate, but have also not fallen as quickly. The overall CPI inflation rate for the UK reached a recent high of 11.1 percent in October 2022 and remained in double-figures until April 2023, when it fell to 8.7 percent. As of this month, the UK's inflation rate was 2.6 percent, down from 2.8 percent in the previous month. Sectors driving high inflation In late 2024, communication was the sector with the highest inflation rate, with prices increasing by 6.1 percent as of December 2024. During the recent period of high inflation that eased in 2023, food and energy prices were particular high, with housing and energy inflation far higher than in any other sector, peaking at 26.6 percent towards the end of 2022. High food and energy prices since 2021 have been one of the main causes of the cost of living crisis in the UK, especially for low-income households that spend a higher share of their income on these categories. This is likely one of the factors driving increasing food bank usage in the UK, which saw approximately 3.12 million people use a food bank in 2023/24, compared with 1.9 million just before the COVID-19 pandemic. The global inflation crisis The UK has not been alone in suffering rapid price increases since 2021. After the start of the COVID-19 pandemic, a series of economic and geopolitical shocks had a dramatic impact on the global economy. A global supply chain crisis failed to meet rising demand in 2021, leading to the beginning of an Inflation Crisis, which was only exacerbated by Russia's invasion of Ukraine in February 2022. The war directly influenced the prices of food and energy, as both countries were major exporters of important crops. European imports of hydrocarbons from Russia were also steadily reduced throughout 2022 and 2023, resulting in higher energy prices throughout the year.

  6. T

    United Kingdom Inflation Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 21, 2025
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    TRADING ECONOMICS (2025). United Kingdom Inflation Rate [Dataset]. https://tradingeconomics.com/united-kingdom/inflation-cpi
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    csv, xml, json, excelAvailable download formats
    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1989 - Apr 30, 2025
    Area covered
    United Kingdom
    Description

    Inflation Rate in the United Kingdom increased to 3.50 percent in April from 2.60 percent in March of 2025. This dataset provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. Consumer price inflation, UK: April 2023

    • gov.uk
    Updated May 24, 2023
    + more versions
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    Office for National Statistics (2023). Consumer price inflation, UK: April 2023 [Dataset]. https://www.gov.uk/government/statistics/consumer-price-inflation-uk-april-2023
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    Dataset updated
    May 24, 2023
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Office for National Statistics
    Area covered
    United Kingdom
    Description

    Official statistics are produced impartially and free from political influence.

  8. CPI annual inflation rate UK 2019-2029

    • statista.com
    Updated Mar 28, 2025
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    Statista (2025). CPI annual inflation rate UK 2019-2029 [Dataset]. https://www.statista.com/statistics/306720/cpi-rate-forecast-uk/
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    Dataset updated
    Mar 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2024, the annual inflation rate for the United Kingdom was 2.5 percent, with the average rate for 2025 predicted to rise to 3.2 percent, revised upwards from an earlier prediction of 2.6 percent. The UK has only recently recovered from a period of elevated inflation, which saw the CPI rate reach 9.1 percent in 2022, and 7.3 percent in 2023. Despite an uptick in inflation expected in 2025, the inflation rate is expected to fall to 2.1 percent in 2026, and two percent between 2027 and 2029. UK inflation crisis Between 2021 and 2023, inflation surged in the UK, reaching a 41-year-high of 11.1 percent in October 2022. Although inflation fell to more usual levels by 2024, prices in the UK had already increased by over 20 percent relative to the start of the crisis. The two main drivers of price increases during this time were food and energy inflation, two of the main spending areas of UK households. Although food and energy prices came down quite sharply in 2023, underlying core inflation, which measures prices rises without food and energy, remained slightly above the headline inflation rate throughout 2024, suggesting some aspects of inflation had become embedded in the UK economy. Inflation rises across in the world in 2022 The UK was not alone in suffering from runaway inflation over the last few years. From late 2021 onwards, various factors converged to encourage a global acceleration of prices, leading to the ongoing inflation crisis. Blocked-up supply chains were one of the main factors as the world emerged from the COVID-19 pandemic. This was followed by energy and food inflation skyrocketing after Russia's invasion of Ukraine. Central bank interest rates were raised globally in response to the problem, possibly putting an end to the era of cheap money that has defined monetary policy since the financial crash of 2008.

  9. CPI in the UK 2000-2024

    • statista.com
    Updated Apr 16, 2025
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    Statista (2025). CPI in the UK 2000-2024 [Dataset]. https://www.statista.com/statistics/306631/consumer-price-index-cpi-united-kingdom/
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    Dataset updated
    Apr 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    The Consumer Price Index of the United Kingdom was 136 in the first quarter of 2025, indicating that consumer prices have increased by 36 percent when compared with the first quarter of 2015. As of March 2025, the inflation rate for the CPI was 2.6 percent, a slight fall from the previous month. A long period of elevated inflation between 2021 and 2023 peaked in October 2022, and saw prices increase by over 20 percent in just three years. Uptick in inflation expected in 2025 In late 2024, the UK's main economic forecaster; the Office for Budget Responsibility, predicted that the annual inflation rate for 2025 would average out at around 2.6 percent. In March 2025, however, the OBR revised this figure upward, with annual inflation now expected to be 3.2 percent. This uptick in inflation is predicted to peak in the third quarter of the year at 3.7 percent, before falling to two percent by the second quarter of 2026. Although this period of higher inflation is predicted to be far less severe than in 2022, it will no doubt put further pressure on households already struggling with their cost of living. Cost of living woes continue The share of UK households reporting that their cost of living was increasing has been steadily rising since Summer 2024. At that time, less than half of UK households reported rising costs, down from 91 percent two years earlier. As of March 2025, however, 59 percent of households said their costs were rising, the highest figure since 2023. Of these households, 93 percent reported that their food shop was increasing, with three quarters of them reporting higher energy costs. With higher inflation predicted in 2025, the pressure on UK households will likely continue, although a crisis on the scale of 2021-2023 will hopefully be avoided.

  10. Rate of inflation for food in the United Kingdom (UK) 2015-2025

    • statista.com
    Updated May 19, 2025
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    Statista (2025). Rate of inflation for food in the United Kingdom (UK) 2015-2025 [Dataset]. https://www.statista.com/statistics/537050/uk-inflation-rate-food-in-united-kingdom/
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    Dataset updated
    May 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2015 - Mar 2025
    Area covered
    United Kingdom
    Description

    In March 2025, the inflation rate for food prices in the United Kingdom was measured at three percent. A period of continuous deflation between March 2015 and January 2017 preceded a return to a sustained rise in the cost of food from February 2017 onwards. While food prices were deflating between September 2020 and July 2021, they started increasing rapidly from August 2021 to March 2023. The inflation rate started to decline from April 2023. Inflation rate and consumer price indexInflation is commonly measured via the consumer price index, which illustrates changes to prices paid by consumers for a representative basket of goods and services. An annualized percentage change in the price index constitutes a measure of inflation. In order to maintain an inflation rate at a stable level, to enable the general public and businesses to plan their spending, the Government set a two percent inflation target for the Bank of England. The discounter boom The increase in food prices in the United Kingdom has shifted shopping behaviours amongst consumers. Value is now key and shoppers are changing their retailer loyalties. Aldi, the German discount supermarket retailer, overtook Morrisons as Great Britain's fourth largest supermarket in September of 2022. Aldi's market share reached double digits for the first time in April 2023. It is yet to be seen if Lidl, Aldi's discounter competitor, can also continue to rise up in the ranks and eventually take over Morrisons as the fifth leading food retailer.

  11. T

    United Kingdom Food Inflation

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +12more
    csv, excel, json, xml
    Updated Apr 15, 2025
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    TRADING ECONOMICS (2025). United Kingdom Food Inflation [Dataset]. https://tradingeconomics.com/united-kingdom/food-inflation
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    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Apr 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1989 - Apr 30, 2025
    Area covered
    United Kingdom
    Description

    Cost of food in the United Kingdom increased 3.40 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  12. Consumer price inflation consumption segment indices and price quotes

    • ons.gov.uk
    • cy.ons.gov.uk
    csv
    Updated May 21, 2025
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    Office for National Statistics (2025). Consumer price inflation consumption segment indices and price quotes [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceindicescpiandretailpricesindexrpiitemindicesandpricequotes
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    csvAvailable download formats
    Dataset updated
    May 21, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Price quote data (for locally collected data only) and consumption segment indices that underpin consumer price inflation statistics, giving users access to the detailed data that are used in the construction of the UK’s inflation figures. The data are being made available for research purposes only and are not an accredited official statistic. From October 2024, private school fees and part-time education classes have been included in the consumption segment indices file. For more information on the introduction of consumption segments, please see the Consumer Prices Indices Technical Manual, 2019. Note that this dataset was previously called the consumer price inflation item indices and price quotes dataset.

  13. RPI inflation rate in the UK 2015-2025

    • statista.com
    Updated May 21, 2025
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    Statista (2025). RPI inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/285203/percentage-change-of-the-retail-price-index-rpi-in-the-uk/
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    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - Apr 2025
    Area covered
    United Kingdom
    Description

    The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 4.5 percent in April 2025, up from 3.2 percent in the previous month. From 2021 onwards, prices in the UK rose rapidly, with the RPI inflation rate peaking at 14.2 percent in October 2022. Although inflation fell in subsequent months, it wasn't until July 2023 that inflation fell below double digits, and as of late 2024, the RPI rate was still above three percent. The CPI and CPIH While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. There is also an additional price index, which includes some extra housing costs, known as the Consumer Price Index including homer occupiers' costs (CPIH) index, which is seen by the UK's Office of National Statistics as the official inflation rate. As of December 2024, the CPI inflation rate stood at 2.5 percent, while the CPIH rate was 3.5 percent. Core inflation down in 2024 Another way of measuring inflation is to strip out the volatility of energy and food prices and look at the underlying core inflation rate. As of December 2024, this was 3.2 percent, slightly higher than the overall CPI rate, but more aligned with the overall figure than it was in 2022 and 2023. When inflation peaked at 11.2 percent in October 2022, for example, core inflation stood at just 6.5 percent. After energy prices in 2023 fell relative to 2022, the overall inflation rate in the UK declined quite rapidly, with core inflation overtaking the overall rate in July 2023. During the most recent period of high inflation, core inflation peaked at 7.1 percent in May 2023, and while taking longer to fall than the overall figure, has generally been declining since then.

  14. F

    Inflation, consumer prices for the United Kingdom

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
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    (2025). Inflation, consumer prices for the United Kingdom [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGGBR
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United Kingdom
    Description

    Graph and download economic data for Inflation, consumer prices for the United Kingdom (FPCPITOTLZGGBR) from 1960 to 2024 about United Kingdom, consumer, CPI, inflation, price index, indexes, and price.

  15. Average inflation rate in the United Kingdom 1980 to 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 14, 2025
    + more versions
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    Statista (2025). Average inflation rate in the United Kingdom 1980 to 2030 [Dataset]. https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/
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    Dataset updated
    May 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2025, the average inflation rate in the United Kingdom lies at approximately 3.13 percent.Fluctuating decline between 1980 and 2025A comparison to the earliest shown observation from 1980 reveals a total decrease by approximately 13.72 percentage points. The trajectory from 1980 to 2025 shows however that this decrease did not happen continuously.Fluctuating decline between 2025 and 2030In 2030 the inflation will be about 2 percent, according to forecasts. From 2025 onwards, there is an overall decrease by approximately 1.13 percentage points.This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.

  16. CPI inflation rate for food and non-alcoholic beverages in the UK 2000-2025

    • statista.com
    Updated Apr 16, 2025
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    Statista (2025). CPI inflation rate for food and non-alcoholic beverages in the UK 2000-2025 [Dataset]. https://www.statista.com/statistics/285109/cpi-food-and-drink/
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    Dataset updated
    Apr 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    The inflation rate for food and drink in the United Kingdom was two percent in Q1 2025, which was below the overall inflation rate for that quarter.

  17. T

    United Kingdom - Consumer Price Index (2010 = 100)

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom - Consumer Price Index (2010 = 100) [Dataset]. https://tradingeconomics.com/united-kingdom/consumer-price-index-2005--100-wb-data.html
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    csv, excel, xml, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United Kingdom
    Description

    Consumer price index (2010 = 100) in United Kingdom was reported at 147 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Consumer price index (2010 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

  18. Consumer price inflation, UK: March 2025 time series

    • gov.uk
    Updated Apr 16, 2025
    + more versions
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    Office for National Statistics (2025). Consumer price inflation, UK: March 2025 time series [Dataset]. https://www.gov.uk/government/statistics/consumer-price-inflation-uk-march-2025-time-series
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    Dataset updated
    Apr 16, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Office for National Statistics
    Area covered
    United Kingdom
    Description

    Official statistics are produced impartially and free from political influence.

  19. T

    United Kingdom Consumer Price Index (CPI)

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Apr 15, 2025
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    TRADING ECONOMICS (2025). United Kingdom Consumer Price Index (CPI) [Dataset]. https://tradingeconomics.com/united-kingdom/consumer-price-index-cpi
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    json, csv, excel, xmlAvailable download formats
    Dataset updated
    Apr 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1988 - Apr 30, 2025
    Area covered
    United Kingdom
    Description

    Consumer Price Index CPI in the United Kingdom increased to 138.20 points in April from 136.50 points in March of 2025. This dataset provides the latest reported value for - United Kingdom Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  20. T

    United Kingdom Inflation Rate MoM

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +14more
    csv, excel, json, xml
    Updated May 21, 2025
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    TRADING ECONOMICS (2025). United Kingdom Inflation Rate MoM [Dataset]. https://tradingeconomics.com/united-kingdom/inflation-rate-mom
    Explore at:
    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 29, 1988 - Apr 30, 2025
    Area covered
    United Kingdom
    Description

    The Consumer Price Index in the United Kingdom increased 1.20 percent in April of 2025 over the previous month. This dataset provides - United Kingdom Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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Statista (2025). Inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/306648/inflation-rate-consumer-price-index-cpi-united-kingdom-uk/
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Inflation rate in the UK 2015-2025

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10 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
May 21, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 2015 - Apr 2025
Area covered
United Kingdom
Description

The UK inflation rate was 3.5 percent in April 2025, up from 2.6 percent in the previous month, and the fastest rate of inflation since February 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent respectively.
The Cost of Living Crisis High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23. Global inflation crisis causes rapid surge in prices The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.

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