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Inflation rate in the United Kingdom 2022

United Kingdom: Inflation rate from 2012 to 2022 (compared to the previous year)

The data displays the inflation rate in the UK from 2012 to 2017, with projections up until 2022. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2017, the average inflation rate in the UK was at about 2.

2012 2.83
2013 2.57
2014 1.46
2015 0.04
2016 0.66
2017 2.68
2018 2.74
2019 2.16
2020 1.95
2021 1.95
2022 1.95