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UK Annual Inflation Rate (CPI YoY Historical Data & 2026 Trends)

CPI Inflation in United Kingdom stood at 3.4% YoY in 2025, according to IMF. The latest value is up 0.9 percentage points from 2.5% YoY in 2024. Ten years earlier, in 2015, the value was 0% YoY (up 3.4 percentage points since). The highest value since 1980 was 16.8% YoY in 1980, the lowest 0% YoY in 2015. United Kingdom ranked 17th highest of the 52 countries in this dataset in 2025; Argentina ranked first.

Data source: IMF · Unit: % YoY · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1980–2031
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What is CPI Inflation?

CPI Inflation, measured in % YoY, tracks changes in the price level of goods and services in United Kingdom. It serves as a primary gauge of purchasing power and cost of living, directly affecting consumer budgets, wage negotiations, and central bank interest rate decisions. Economists distinguish between "headline" inflation (all items) and "core" inflation (excluding volatile food and energy prices) to better understand underlying price trends. In United Kingdom, this metric is calculated by statistical agencies through regular surveys of thousands of retail prices across urban and rural areas. The resulting index allows comparisons over time: a value of 120 compared to a base of 100 means prices have risen 20% since the base period. Policymakers typically target a modest positive inflation rate (often around 2%) rather than zero, believing this encourages spending and investment while providing a buffer against deflation.

Metadata for CPI Inflation in United Kingdom
IndicatorCPI Inflation
CountryUnited Kingdom
CategoryMacroeconomics
Unit% YoY
SourceIMF
Interactive chartView on EconDash
API accessEconDash API documentation

Current rate: 3.4% YoY (2025)

IMF projection for 2026: 3.3% YoY

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Source:International Monetary Fund via IMF — series PCPIPCH
License:IMF Copyright and Usage
Cite this chart
APA

International Monetary Fund. (2026). CPI Inflation — United Kingdom [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/cpi-inflation/GBR. Original source: https://www.imf.org/external/datamapper/PCPIPCH@WEO/WEOWORLD

MLA

International Monetary Fund. "CPI Inflation — United Kingdom." EconDash, 2026, https://econdash.org/chart/cpi-inflation/GBR. Accessed 13 Nov. 2026. Original source: https://www.imf.org/external/datamapper/PCPIPCH@WEO/WEOWORLD.

Chicago

International Monetary Fund. 2026. "CPI Inflation — United Kingdom." EconDash. Accessed November 13, 2026. https://econdash.org/chart/cpi-inflation/GBR. Original source: https://www.imf.org/external/datamapper/PCPIPCH@WEO/WEOWORLD.

BibTeX
@misc{econdash_cpi_inflation_gbr,
  author = {{International Monetary Fund}},
  title = {{CPI Inflation --- United Kingdom}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/cpi-inflation/GBR},
  note = {Accessed: 2026-11-13. Original source: https://www.imf.org/external/datamapper/PCPIPCH@WEO/WEOWORLD}
}

Frequently Asked Questions

What is the current UK annual inflation rate?

The latest annual CPI inflation rate for the United Kingdom is 3.4% YoY (2025, IMF World Economic Outlook), up from 2.5% in 2024 but well below the peak of 9.1% recorded in 2022. The IMF projects 3.3% for 2026.

How does UK inflation compare to the Bank of England target?

The Bank of England's official inflation target is 2.0% YoY. At 3.4% in 2025, UK CPI inflation was 1.4 percentage points above the target. The IMF projects 3.3% for 2026 and a return to 2.0% by 2028.

How does the UK's inflation rate rank globally?

In the 2025 international comparison across 52 economies, the United Kingdom ranked 17th with 3.40% inflation. High-inflation economies included Argentina (41.9%) and Turkey (34.9%), while peers like Germany and the US reported inflation between 2.2% and 2.8%.

How has UK inflation evolved over recent years?

UK inflation surged to a 40-year peak of 9.1% in 2022 driven by energy and food price shocks, eased to 7.3% in 2023 and 2.5% in 2024, then rose to 3.4% in 2025. The IMF projects 3.3% for 2026, 5.8 percentage points below the cycle peak.