United Kingdom Inflation Rate

Last updated: 2024-10-17

Annual inflation

2.6%

YoY ending in Sep 2024

Monthly inflation

0.1%

September 2024

The graph above shows the annual inflation rates in the UK for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the United Kingdom Inflation Calculator.

The current inflation rate in the UK is 2.6%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2024.

In September 2024, the monthly inflation rate was 0.1.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 4.2 3.8 3.8 3.0 2.8 2.8 3.1 3.1 2.6
MoM -0.4 0.6 0.6 0.5 0.4 0.2 0.0 0.4 0.1
2023 YoY 8.8 9.2 8.9 7.8 7.9 7.3 6.4 6.3 6.3 4.7 4.2 4.2
MoM -0.4 1.0 0.7 1.2 0.6 0.2 -0.3 0.4 0.5 0.1 -0.1 0.4

Historical Annual Inflation Rates from 1956

The table below contains annual inflation rates in the UK from 1956. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 3.94%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1956 3.04 - -
1957 4.64 - -
1958 1.85 - -
1959 0.00 - -
1960 1.81 2.64 -
1961 4.37 2.34 -
1962 2.65 2.43 -
1963 1.86 2.24 -
1964 4.80 2.78 -
1965 4.49 3.54 3.09
1966 3.68 3.63 2.98
1967 2.45 3.29 2.86
1968 5.94 3.83 3.03
1969 4.67 4.26 3.52
1970 7.89 4.57 4.05
1971 9.03 5.66 4.64
1972 7.65 6.59 4.93
1973 10.58 7.49 5.64
1974 19.14 9.57 6.88
1975 24.89 13.02 8.72
1976 15.07 14.46 9.97
1977 12.14 16.27 11.33
1978 8.39 16.07 11.70
1979 17.24 15.54 12.52
1980 15.12 14.36 13.69
1981 12.05 13.42 13.94
1982 5.41 11.97 14.10
1983 5.31 11.20 13.61
1984 4.58 9.49 12.48
1985 5.64 7.19 10.72
1986 3.75 5.52 9.40
1987 3.71 4.64 8.24
1988 5.12 4.56 7.83
1989 5.8 4.73 7.08
1990 9.2 5.11 6.15
1991 6.5 5.92 5.72
1992 3.2 6.00 5.32
1993 2.3 5.67 5.11
1994 2.2 4.94 4.83
1995 3.1 3.86 4.49
1996 2.8 2.96 4.43
1997 1.9 2.49 4.23
1998 1.9 2.34 3.99
1999 1.5 2.27 3.59
2000 1.2 1.96 2.91
2001 1.4 1.72 2.34
2002 1.7 1.58 2.03
2003 1.3 1.47 1.91
2004 1.8 1.39 1.83
2005 2.1 1.58 1.77
2006 2.9 1.76 1.74
2007 2.3 1.93 1.75
2008 3.0 2.36 1.92
2009 2.1 2.47 1.93
2010 3.1 2.56 2.07
2011 3.7 2.83 2.29
2012 2.4 2.88 2.40
2013 1.9 2.64 2.50
2014 0.7 2.53 2.50
2015 0.5 2.11 2.33
2016 1.8 1.53 2.18
2017 2.7 1.54 2.20
2018 2.0 1.54 2.09
2019 1.4 1.59 2.06
2020 0.8 1.72 1.91
2021 4.8 2.02 1.77
2022 9.2 3.07 2.30
2023 4.2 3.94 2.73

More historical data →