$GBIRYY -U.K Inflation Rate (February/2025)ECONOMICS:GBIRYY
February/2025
source: Office for National Statistics
- The annual inflation rate in the UK fell to 2.8% in February 2025 from 3% in January, below market expectations of 2.9%, though in line with the Bank of England's forecast.
The largest downward contribution came from prices
Key data points
Last release
—
Observation period
Feb 2025
Next release
—
Forecast
2.70 %
Highest
11.10 % on Oct 31, 2022
Lowest
−0.10 % on Oct 31, 2015
About UK inflation rate YoY
In United Kingdom, the most important categories in the Consumer Price Index are: Transport (14%), Housing & Utilities (14%), and Recreation & Culture (13%). Food & Non-alcoholic Beverages account for 12%, Restaurants & Hotels for 11%, Miscellaneous Goods & Services for 9%¸ Furnishings, Household Equipment & Routine Maintenance of the House for 8%, and Clothing & Footwear for 6%. Others include: Alcoholic Drinks, Tobacco & Narcotics (5%), Education (3%), Communication (3%) and Health (2%).
$GBIRYY -U.K Inflation Rate (December/2024)ECONOMICS:GBIRYY
December/2024
source: Office for National Statistics
-Annual inflation rate in the UK unexpectedly edged lower to 2.5% in December 2024 from 2.6% in November, below forecasts of 2.6%. However, it matched the BoE's forecast from early November.
Prices slowed for restaurants and
$GBIRYY -U.K CPI (November/2024)ECONOMICS:GBIRYY
(November/2024)
source: Office for National Statistics
- The annual inflation rate in the UK edged up for a second month to 2.6% in November 2024 from 2.3% in October, matching forecasts.
It is the highest inflation rate in eight months,
with prices rising at a faster pace for
$GBIRYY -U.K Inflation Rate Above Forecasts (October/2024)ECONOMICS:GBIRYY 2.3%
October/2024
source: Office for National Statistics
- Annual inflation rate in the UK went up to 2.3% in October 2024, the highest in six months, compared to 1.7% in September.
This exceeded both the Bank of England's target and market expectations of 2.2%.
The largest upw
$GBIRYY -U.K CPI (September/2024)ECONOMICS:GBIRYY 1.7%
source: Office for National Statistics
-Annual inflation rate in the UK fell to 1.7% in September 2024, the lowest since April 2021, compared to 2.2% in each of the previous two months and forecasts of 1.9%.
The largest downward contribution came from transport (-2.2% vs 1.
$GBIRYY CPI (August/2024)ECONOMICS:GBIRYY CPI Data (August/2024)
'UK Inflation Rate Steady at 2.2%'
source: Office for National Statistics
- Annual inflation rate ( ECONOMICS:GBIRYY ) in the UK steadied at 2.2% in August 2024,
the same as in July, and in line with expectations.
The largest upward contribution came from
$GBIRYY - CPI (YoY)ECONOMICS:GBIRYY 2.3% (April/2024)
source: Office for National Statistics
The annual inflation rate in the UK eased to 2.3% in April 2024,
the lowest since July 2021, compared to 3.2% in March and market forecasts of 2.1%.
The largest downward pressure came from falling gas (-37.5% vs -26.5% in
$GBIRYY -CPI (YoY)The inflation rate in the United Kingdom remained stable at 6.7% in September 2023,
holding at August's 18-month low and defying market expectations of a slight decrease to 6.6%.
Softer price increases in food and non-alcoholic beverages (12.1% vs 13.6% in August) and furniture and household goods
Market Insight: Week Ending 21 JulyIn the US:
It was quite a week for the US. According to the Bureau of Labour Statistics (BLS) on Wednesday, consumer price inflation slowed to its lowest level since March 2021 at 3.0% in the twelve months to June (vs expected 3.1% ). Core inflation—excludes energy and food—also cooled to 4.8% (v
UK Inflation drop to 5 month low at 10.10% - Still crazy high!The UK inflation rate has dropped to a 5-month low of 10.1%.
This tells us that the peak inflation may be behind us.
The decrease in transport costs, as well as restaurants and hotels, were the main drivers of the lower inflation rate.
However, if we compare it to other developed nations like the
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Frequently Asked Questions
The highest figure UK inflation rate YoY has ever reached is 11.10%.
The lowest ever UK inflation rate YoY is −0.10%.
Last month UK inflation rate YoY was 2.80%, and the month before it reached 3.00%. To better understand the dynamics, compare these two values.