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Inflation Rate in the United Kingdom decreased to 2.80 percent in February from 3 percent in January of 2025. This dataset provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Core consumer prices in the United Kingdom increased 3.50 percent in February of 2025 over the same month in the previous year. This dataset provides - United Kingdom Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Comprehensive database of time series covering measures of inflation data for the UK including CPIH, CPI and RPI.
The UK inflation rate was three percent in January 2025, up from 2.5 percent in the previous month, and the fastest rate of inflation since March 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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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.
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The Consumer Price Index in the United Kingdom increased 0.40 percent in February 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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Cost of food in the United Kingdom increased 3.30 percent in February 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.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Quarterly estimates monitoring the changes in prices charged for services provided to UK-based customers for a range of industries.
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Average weekly earnings for the whole economy, for total and regular pay, in real terms (adjusted for consumer price inflation), UK, monthly, seasonally adjusted.
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This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Services producer price inflation (SPPI) records showing higher, lower and equal to quarterly service Producer Price Index movements for selected UK services sectors.
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Services Inflation in the United Kingdom increased to 5 percent in January from 4.40 percent in December of 2024. This dataset includes a chart with historical data for the United Kingdom Services Inflation.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Representative items within the Consumer Prices Index including owner occupiers' housing costs, Consumer Prices Index and Retail Prices Index for the basket of goods and services.
The Agricultural Price Index (API) is a monthly publication that measures the price changes in agricultural outputs and inputs for the UK. The output series reflects the price farmers receive for their products (referred to as the farm-gate price). Information is collected for all major crops (for example wheat and potatoes) and on livestock and livestock products (for example sheep, milk and eggs). The input series reflects the price farmers pay for goods and services. This is split into two groups: goods and services currently consumed; and goods and services contributing to investment. Goods and services currently consumed refer to items that are used up in the production process, for example fertiliser, or seed. Goods and services contributing to investment relate to items that are required but not consumed in the production process, such as tractors or buildings.
A price index is a way of measuring relative price changes compared to a reference point or base year which is given a value of 100. The year used as the base year needs to be updated over time to reflect changing market trends. The latest data are presented with a base year of 2020 = 100. To maintain continuity with the current API time series, the UK continues to use standardised methodology adopted across the EU. Details of this internationally recognised methodology are described in the https://ec.europa.eu/eurostat/web/products-manuals-and-guidelines/-/ks-bh-02-003" class="govuk-link">Handbook for EU agricultural price statistics.
Please note: The historical time series with base years 2000 = 100, 2005 = 100, 2010 = 100 and 2015 = 100 are not updated monthly and presented for archive purposes only. Each file gives the date the series was last updated.
For those commodities where farm-gate prices are currently unavailable we use the best proxy data that are available (for example wholesale prices). Similarly, calculations are based on UK prices where possible but sometimes we cannot obtain these. In such cases prices for Great Britain, England and Wales or England are used instead.
Next update: see the statistics release calendar.
Defra statistics: prices
Email mailto:prices@defra.gov.uk">prices@defra.gov.uk
<p class="govuk-body">You can also contact us via Twitter: <a href="https://twitter.com/DefraStats" class="govuk-link">https://twitter.com/DefraStats</a></p>
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Gross Value Added measures the value generated in the production of goods and services. It is one measure of overall economic performance.
This dataset shows Gross Value Added at current basic prices (which include the effects of inflation), in Pounds (£). It shows a particular kind of GVA, the total income generated, which is called income-based GVA(I).
The data shows the total annual GVA(I) figure in billions of pounds, and then as pounds per head. Another figure is also included in the dataset, showing GVA(I) in pounds per head as a percentage of the equivalent UK figure.
The most recent year's data is normally provisional, with finalised data being shown in the next year's update. Data that is provisional is indicated within the dataset. Historical data is subject to revision.
This data is updated annually. For more information about the GVA(I) data and its methodology, please refer to the source link to the Office for National Statistics (ONS).
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Rent Inflation in the United Kingdom decreased to 7.40 percent in February from 7.80 percent in January of 2025. This dataset includes a chart with historical data for the United Kingdom Rent Inflation.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Quarterly house price data based on a sub-sample of the Regulated Mortgage Survey.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Average weekly earnings at sector level headline estimates, Great Britain, monthly, seasonally adjusted. Monthly Wages and Salaries Survey.
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Core Inflation Rate MoM in the United Kingdom increased to 0.40 percent in February from -0.40 percent in January of 2025. This dataset includes a chart with historical data for the United Kingdom Core Inflation Rate MoM.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Inflation Rate in the United Kingdom decreased to 2.80 percent in February from 3 percent in January of 2025. This dataset provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.