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United Kingdom Inflation Rate
Last Release
Dec 31, 2022
Actual
10.5
Units In
%
Previous
10.7
Frequency
Monthly
Next Release
Feb 15, 2023
Time to Release
13 Days 12 Hours
Highest | Lowest | Average | Date Range | Source |
11.1 Oct 2022 | -0.1 Apr 2015 | 2.7 % | 1989-2022 | Office for National Statistics |
In the United Kingdom, the most important categories in the consumer price index are Transport (16 percent of the total weight) and Recreation and Culture (15 percent). Housing, Water, Electricity, Gas and Other Fuels accounts for 13 percent; Restaurants and Hotels for 12 percent and Food and Non-alcoholic Beverages for 10 percent. The index also includes: Miscellaneous Goods and Services (9 percent); Clothing and Footwear (7 percent); Furniture, Household Equipment and Maintenance (6 percent). Alcoholic Beverages and Tobacco; Health, Communication and Education account for remaining 11 percent of total weight.
Latest Updates
Annual inflation rate in the UK fell to 10.5% in December of 2022 from 10.7% in November, matching market forecasts. It marks a second consecutive month of slowing inflation and the lowest rate in three months, after a peak of 11.1% in October. The largest downward contribution came from transport prices (6.5% vs 7.2%), namely motor fuels. Average petrol prices fell by 8.3 pence per litre between November and December. Prices also eased for clothing and footwear (6.5% vs 7.5%) and recreation and culture (4.9% vs 5.3%), mainly games, toys and hobbies. On the other hand, prices rose faster for restaurants and hotels (11.3%, the largest since 1991 vs 10.2%), particularly accommodation, and food and non-alcoholic beverages (16.8%, which is the highest since 1977 according to modelled estimates vs 16.4%). Compared to the previous month, the CPI increased 0.4%, the same as in November and also in line with forecasts.
United Kingdom Inflation Rate History
Last 12 readings
United Kingdom Prices Indicators
All United Kingdom indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
CPI Transportation | 136.11 Dec 2022 | 135.7 Nov 2022 | 40.4 Jan 1988 | 139.18 Jul 2022 | Points | Monthly | 1988-2022 |
Consumer Price Index CPI | 127.16 Dec 2022 | 126.69 Nov 2022 | 48.4 Jan 1988 | 127.16 Dec 2022 | Points | Monthly | 1988-2022 |
Core Consumer Prices | 122.05 Dec 2022 | 121.39 Nov 2022 | 72.9 Jan 1996 | 122.05 Dec 2022 | Points | Monthly | 1996-2022 |
Core Inflation Rate | 6.3 Dec 2022 | 6.3 Nov 2022 | -0.1 Jun 2000 | 6.5 Sep 2022 | % | Monthly | 1997-2022 |
Core Producer Prices | 135 Dec 2022 | 134.9 Nov 2022 | 78.4 Dec 2001 | 135 Dec 2022 | Points | Monthly | 1996-2022 |
Core Producer Prices MoM | 0.1 Dec 2022 | 0.3 Nov 2022 | -0.6 Feb 1998 | 2.2 Apr 2022 | % | Monthly | 1996-2022 |
Core Producer Prices YoY | 12.4 Dec 2022 | 13 Nov 2022 | -1.6 Jan 1999 | 14.9 Jun 2022 | % | Monthly | 1997-2022 |
Cpi Housing Utilities | 141.91 Dec 2022 | 141.75 Nov 2022 | 31.7 Jan 1988 | 141.91 Dec 2022 | Points | Monthly | 1988-2022 |
Food Inflation | 16.8 Dec 2022 | 16.4 Nov 2022 | -3.3 Feb 2015 | 16.8 Dec 2022 | % | Monthly | 1989-2022 |
GDP Deflator | 112.42 Sep 2022 | 110.35 Jun 2022 | 3.81 Mar 1955 | 112.42 Sep 2022 | Points | Quarterly | 1955-2022 |
Harmonised Consumer Prices | 127.16 Dec 2022 | 126.69 Nov 2022 | 48.4 Jan 1988 | 127.16 Dec 2022 | Points | Monthly | 1988-2022 |
Inflation Expectations | 5.7 Dec 2022 | 6.1 Nov 2022 | 0.8 Dec 2008 | 6.3 Aug 2022 | % | Monthly | 1999-2022 |
Inflation Rate | 10.5 Dec 2022 | 10.7 Nov 2022 | -0.1 Apr 2015 | 11.1 Oct 2022 | % | Monthly | 1989-2022 |
Inflation Rate Mom | 0.4 Dec 2022 | 0.4 Nov 2022 | -0.94 Jan 2000 | 3.37 Apr 1991 | % | Monthly | 1988-2022 |
Input Producer Prices | 152.5 Dec 2022 | 154.3 Nov 2022 | 60.7 Feb 1999 | 154.5 Oct 2022 | Points | Monthly | 1996-2022 |
PPI Input | -1.1 Dec 2022 | -0.2 Nov 2022 | -2 Apr 2020 | 5.1 Mar 2022 | % | Monthly | 2013-2022 |
PPI Input YoY | 16.5 Dec 2022 | 18 Nov 2022 | -6.9 Aug 2015 | 24.6 Jun 2022 | % | Monthly | 2013-2022 |
Producer Price Inflation MoM | -0.8 Dec 2022 | -0.1 Nov 2022 | -2.1 Oct 2008 | 2.8 Apr 2022 | % | Monthly | 1996-2022 |
Producer Prices | 136.5 Dec 2022 | 137.7 Nov 2022 | 8.1 Jan 1963 | 137.7 Nov 2022 | Points | Monthly | 1963-2022 |
Producer Prices Change | 14.7 Dec 2022 | 16.2 Nov 2022 | -7.3 Jul 2009 | 27.8 Jan 1975 | % | Monthly | 1964-2022 |
Retail Price Index | 13.4 Dec 2022 | 14 Nov 2022 | -1.6 Jun 2009 | 26.9 Aug 1975 | % | Monthly | 1948-2022 |
Inflation Rate across Europe
Inflation Rate global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
7.4 Dec 2022 | 7.9 Nov 2022 | -2.11 Mar 2000 | 42.08 Dec 1997 | % | Monthly | 1995-2022 | |
8.3 Dec 2022 | 8.8 Nov 2022 | -5.52 Mar 1999 | 22,887.4 Jun 1994 | % | Monthly | 1993-2022 | |
10.2 Dec 2022 | 10.6 Nov 2022 | -3 Mar 1959 | 11 Oct 2022 | % | Monthly | 1958-2022 | |
12.8 Dec 2022 | 13.3 Nov 2022 | 4.06 Jul 2018 | 2,795.64 Aug 1994 | % | Monthly | 1992-2022 | |
8.05 Jan 2023 | 10.35 Dec 2022 | -18.11 Oct 1921 | 222.81 Jan 1947 | % | Monthly | 1921-2023 | |
14.8 Dec 2022 | 16.3 Nov 2022 | -2.1 May 2020 | 17.4 Oct 2022 | % | Monthly | 2006-2022 | |
16.9 Dec 2022 | 16.9 Nov 2022 | -2.6 Feb 2014 | 2,019.5 Mar 1997 | % | Monthly | 1996-2022 | |
13.1 Dec 2022 | 13.5 Nov 2022 | -1.8 May 2016 | 13.5 Nov 2022 | % | Monthly | 1999-2022 | |
7.9 Dec 2022 | 8.7 Nov 2022 | -3.59 Oct 1961 | 18.75 Jul 1951 | % | Monthly | 1951-2022 | |
15.8 Dec 2022 | 16.2 Nov 2022 | -0.4 Jan 2003 | 21.9 Feb 1993 | % | Monthly | 1993-2022 | |
8.7 Dec 2022 | 8.9 Nov 2022 | -0.1 Jan 2015 | 13 Jun 1981 | % | Monthly | 1981-2022 | |
17.6 Dec 2022 | 21.3 Nov 2022 | -2.17 Oct 2009 | 24.8 Aug 2022 | % | Monthly | 1999-2022 | |
8.5 Jan 2023 | 9.2 Dec 2022 | -0.6 Jul 2009 | 10.6 Oct 2022 | % | Monthly | 1991-2023 | |
10.1 Dec 2022 | 8.8 Sep 2022 | -3.1 Sep 2009 | 10.1 Dec 2022 | % | Quarterly | 2002-2022 | |
9.1 Dec 2022 | 9.1 Nov 2022 | -1.54 Oct 2009 | 19.31 Jan 1975 | % | Monthly | 1961-2022 | |
6 Jan 2023 | 5.9 Dec 2022 | -0.7 Jul 2009 | 18.8 Apr 1958 | % | Monthly | 1958-2023 | |
9.8 Dec 2022 | 10.4 Nov 2022 | -3.3 May 2012 | 59.31 Apr 1996 | % | Monthly | 1996-2022 | |
8.6 Dec 2022 | 10 Nov 2022 | -7.62 Jun 1950 | 11.54 Oct 1951 | % | Monthly | 1950-2022 | |
7.2 Dec 2022 | 8.5 Nov 2022 | -2.9 Nov 2013 | 33.7 Jan 1974 | % | Monthly | 1960-2022 | |
24.5 Dec 2022 | 22.5 Nov 2022 | -1.4 Jan 2015 | 31 Jun 1995 | % | Monthly | 1992-2022 | |
9.9 Jan 2023 | 9.6 Dec 2022 | -0.06 Nov 1994 | 25.2 Dec 1989 | % | Monthly | 1989-2023 | |
8.2 Dec 2022 | 8.9 Nov 2022 | -6.56 Oct 2009 | 23.15 Oct 1981 | % | Monthly | 1976-2022 | |
10.1 Jan 2023 | 11.6 Dec 2022 | -0.6 Jan 2015 | 25.64 Nov 1974 | % | Monthly | 1962-2023 | |
12.1 Dec 2022 | 11.6 Nov 2022 | -4.4 May 2009 | 14.2 May 2008 | % | Monthly | 2003-2022 | |
20.8 Dec 2022 | 21.8 Nov 2022 | -4.3 Feb 2010 | 22.2 Sep 2022 | % | Monthly | 1998-2022 | |
2.8 Dec 2022 | 3 Nov 2022 | -1.4 Aug 2015 | 6.53 Jun 1991 | % | Monthly | 1983-2022 | |
21.7 Dec 2022 | 22.9 Nov 2022 | -2 Jan 2003 | 707.4 Jun 1993 | % | Monthly | 1993-2022 | |
5.4 Dec 2022 | 5.9 Nov 2022 | -1.35 Jan 1999 | 7.4 Jun 2022 | % | Monthly | 1991-2022 | |
14.2 Dec 2022 | 19.5 Nov 2022 | -2.1 Dec 2009 | 19.8 Oct 2022 | % | Monthly | 2006-2022 | |
7.3 Dec 2022 | 7.2 Nov 2022 | -1.08 Apr 2007 | 7.4 Sep 2022 | % | Monthly | 2005-2022 | |
30.24 Dec 2022 | 31.41 Nov 2022 | -2.3 Sep 2009 | 34.62 Oct 2022 | % | Monthly | 2007-2022 | |
17.2 Dec 2022 | 17.5 Nov 2022 | -1.4 Apr 2014 | 26.5 Dec 2001 | % | Monthly | 2001-2022 | |
9.6 Dec 2022 | 9.9 Nov 2022 | -1.3 Feb 1987 | 14.5 Sep 2022 | % | Monthly | 1971-2022 | |
5.9 Dec 2022 | 6.5 Nov 2022 | -1.8 Jan 2004 | 18.9 Jun 1951 | % | Monthly | 1950-2022 | |
16.6 Dec 2022 | 17.5 Nov 2022 | -1.6 Feb 2015 | 46.5 Apr 1992 | % | Monthly | 1992-2022 | |
8.3 Jan 2023 | 9.6 Dec 2022 | -1.6 Jun 2009 | 53.9 May 1977 | % | Monthly | 1961-2023 | |
16.37 Dec 2022 | 16.76 Nov 2022 | -3.5 May 2016 | 316.9 Nov 1993 | % | Monthly | 1991-2022 | |
11.9 Dec 2022 | 12 Nov 2022 | 2.18 Feb 2018 | 2,333.3 Dec 1992 | % | Monthly | 1991-2022 | |
15.1 Dec 2022 | 15.1 Nov 2022 | 0.1 Jan 2015 | 15.1 Nov 2022 | % | Monthly | 2007-2022 | |
15.4 Dec 2022 | 15.4 Nov 2022 | -0.9 Jul 2016 | 15.4 Nov 2022 | % | Monthly | 2002-2022 | |
10.3 Dec 2022 | 10 Nov 2022 | -1.2 Apr 2020 | 22.6 Aug 1994 | % | Monthly | 1994-2022 | |
5.8 Jan 2023 | 5.7 Dec 2022 | -1.37 Jul 2009 | 28.43 Aug 1977 | % | Monthly | 1955-2023 | |
12.3 Dec 2022 | 11.5 Nov 2022 | -1.6 Sep 2009 | 15.5 Oct 1980 | % | Monthly | 1980-2022 | |
2.8 Dec 2022 | 3 Nov 2022 | -1.4 Aug 2015 | 11.92 Dec 1973 | % | Monthly | 1956-2022 | |
64.27 Dec 2022 | 84.39 Nov 2022 | -4.01 Jun 1968 | 138.71 May 1980 | % | Monthly | 1965-2022 | |
26.6 Dec 2022 | 26.5 Nov 2022 | -1.2 Jun 2012 | 530.3 Sep 1995 | % | Monthly | 1995-2022 | |
10.5 Dec 2022 | 10.7 Nov 2022 | -0.1 Apr 2015 | 11.1 Oct 2022 | % | Monthly | 1989-2022 |