Current
3.40%
Latest reading
United Kingdom
GB cpi YOY
United Kingdom inflation profileA services-centered economy where food, housing, wages and sterling-linked import costs are key inflation channels.
Period High
9.14%
Below peak
Period Low
0.28%
Trending down
Net Change
-21.3%
Over selected period
| Date | Metric | Value | MoM Change |
|---|---|---|---|
| 2025-03 | CPI | 3.40% | ▲ +0.42 |
| 2025-02 | CPI | 2.98% | ▼ 1.00 |
| 2025-01 | CPI | 3.98% | ▼ 2.51 |
| 2024-12 | CPI | 6.49% | ▼ 2.65 |
| 2024-11 | CPI | 9.14% | ▲ +1.00 |
| 2024-10 | CPI | 8.14% | ▲ +3.49 |
| 2024-09 | CPI | 4.65% | ▲ +2.70 |
| 2024-08 | CPI | 1.95% | ▲ +1.14 |
| 2024-07 | CPI | 0.81% | ▼ 0.53 |
| 2024-06 | CPI | 1.34% | ▼ 0.33 |
| 2024-05 | CPI | 1.67% | ▼ 0.12 |
| 2024-04 | CPI | 1.79% | ▼ 0.54 |
| 2024-03 | CPI | 2.33% | ▼ 0.34 |
| 2024-02 | CPI | 2.67% | ▲ +0.17 |
| 2024-01 | CPI | 2.50% | ▲ +0.85 |
| 2023-12 | CPI | 1.65% | ▲ +0.90 |
| 2023-11 | CPI | 0.75% | ▲ +0.47 |
| 2023-10 | CPI | 0.28% | ▼ 0.08 |
| 2023-09 | CPI | 0.36% | ▼ 1.06 |
| 2023-08 | CPI | 1.42% | ▼ 0.26 |
| 2023-07 | CPI | 1.68% | ▼ 0.76 |
| 2023-06 | CPI | 2.44% | ▼ 0.02 |
| 2023-05 | CPI | 2.46% | ▲ +0.17 |
| 2023-04 | CPI | 2.29% | ▼ 1.51 |
| 2023-03 | CPI | 3.80% | ▲ +0.06 |
| 2023-02 | CPI | 3.74% | ▲ +1.26 |
| 2023-01 | CPI | 2.48% | ▼ 0.11 |
| 2022-12 | CPI | 2.59% | ▲ +1.71 |
| 2022-11 | CPI | 0.88% | ▼ 2.03 |
| 2022-10 | CPI | 2.91% | ▼ 1.44 |
| 2022-09 | CPI | 4.35% | ▲ +1.90 |
| 2022-08 | CPI | 2.45% | ▲ +0.26 |
| 2022-07 | CPI | 2.19% | ▼ 0.66 |
| 2022-06 | CPI | 2.85% | ▲ +0.38 |
| 2022-05 | CPI | 2.47% | ▲ +0.17 |
| 2022-04 | CPI | 2.30% | ▲ +0.34 |
| 2022-03 | CPI | 1.96% | ▲ +0.73 |
| 2022-02 | CPI | 1.23% | ▼ 0.05 |
| 2022-01 | CPI | 1.28% | ▼ 0.03 |
| 2021-12 | CPI | 1.31% | ▼ 0.14 |
| 2021-11 | CPI | 1.45% | ▲ +0.11 |
| 2021-10 | CPI | 1.34% | ■ 0.00 |
| 2021-09 | CPI | 1.34% | ▼ 0.49 |
| 2021-08 | CPI | 1.83% | ▲ +0.41 |
| 2021-07 | CPI | 1.42% | ▲ +0.53 |
| 2021-06 | CPI | 0.89% | ▼ 0.58 |
| 2021-05 | CPI | 1.47% | ▼ 0.58 |
| 2021-04 | CPI | 2.05% | ▲ +0.48 |
| 2021-03 | CPI | 1.57% | ▼ 0.25 |
| 2021-02 | CPI | 1.82% | ▼ 0.69 |
| 2021-01 | CPI | 2.51% | ▼ 0.28 |
| 2020-12 | CPI | 2.79% | ▼ 0.10 |
| 2020-11 | CPI | 2.89% | ▼ 0.08 |
| 2020-10 | CPI | 2.97% | ▲ +0.55 |
| 2020-09 | CPI | 2.42% | ▲ +0.63 |
| 2020-08 | CPI | 1.79% | ▼ 0.48 |
| 2020-07 | CPI | 2.27% | ▼ 0.40 |
| 2020-06 | CPI | 2.67% | ▼ 0.46 |
| 2020-05 | CPI | 3.13% | ▼ 1.19 |
| 2020-04 | CPI | 4.32% | ■ 0.00 |
Secular Data Trend Diagnosis
The UK inflation spike has faded, but the memory is still visible
United Kingdom CPI is shown at 2.8% for 2026-03, much lower than the 9.1% high in this dataset. That drop changes the tone of the page. It is no longer a chart about runaway headline inflation; it is about how quickly daily costs normalize after a painful surge. Food, rent, transport and services can remain sensitive even when the broad CPI rate looks far less severe.
The GDP reference needs a cautious reading
The GDP series shown here is 0.57T for 2023 Q3 and stays flat across the displayed observations. That does not give the same growth signal as the CPI series, which extends to 2026-03. For the United Kingdom page, the safe reading is that the GDP reference is context, not a fresh growth call. It tells users not to interpret the 2.8% CPI number without checking the age and shape of the output data.
Services and wages can keep the cooling path uneven
The UK economy is services-heavy, so wage bills, rents, hospitality, insurance and local transport can matter more than a quick goods-price move. CPI falling from 9.1% to 2.8% is a clear improvement, but it does not mean every part of the basket has cooled at the same speed. Users should expect the chart to look smoother than the way households describe their monthly spending.
Sterling-linked import costs can still show up later
Imported food, fuel and manufactured goods can react to currency moves and supplier prices with a delay. That is one reason the UK can see headline CPI improve while some categories remain jumpy. The current 2.8% reading is useful, but the table below is just as important because it shows whether the latest movement is broad or only a short pause after the larger decline from the peak.
The period selector changes the story
A 6M window may focus attention on small recent changes around 2.8%. The 5Y or MAX view makes the larger shift clearer: inflation rose from 1.9% to 9.1% before cooling. For the UK, that wider frame is essential because the main user question is not just whether inflation is down, but whether it has settled enough for wages and household budgets to catch up.
CPI carries more weight than GDP on this page
Because the GDP reference in this dataset is older and flat at 0.57T, CPI is the stronger current signal for the United Kingdom page. That does not make GDP useless. It simply means readers should use it as a reminder to check growth context, while treating the 2026-03 CPI reading as the fresher indicator of price pressure.
The old peak still matters for search intent
Many users landing on a UK inflation page are not only asking about the latest 2.8% reading. They are trying to understand why bills still feel high after the 9.1% spike. The copy needs to answer that directly: the rate has cooled, but the price level reached during the high-inflation period remains embedded in many household budgets. That makes the page more useful than a thin chart caption.
Mind the timing gap between CPI and GDP
The CPI value is dated 2026-03, while the GDP reference in this dataset is 2023 Q3. That timing gap should be visible in the interpretation, because otherwise users may assume both numbers describe the same economic moment. The better reading is cautious: CPI gives the current price signal, while GDP is a slower background marker that needs fresher releases before it can support a strong growth claim.
What to watch next
The next helpful signs are services inflation, food prices and whether wage-sensitive categories stop pushing the headline higher. If CPI remains near 2.8% or drifts lower, the page will read as a steadier post-spike environment. If it turns up while GDP context remains thin, users should be careful about calling the inflation problem solved. This wording also protects the page from a thin SEO problem. Someone searching UK inflation usually wants more than a number; they want to know why prices still feel high, why services matter, and why the GDP reference is older. Answering those points on the page makes the chart easier to trust and easier to use.
Explore Other Sovereign Profiles
Frequently Asked Questions
Why can UK services inflation stay high? +
The UK CPI rate is shown at 2.8% for 2026-03, down from a 9.1% high in this dataset. That is a large improvement, but many households still compare current prices with pre-spike levels, not just the latest rate of change.
How do exchange rates affect prices? +
The GDP reference on this page is 0.57T for 2023 Q3 and appears flat across the observations. Because it is older than the CPI series, it should be used as background context rather than a fresh growth signal.
Why are food prices watched closely? +
Services matter because the UK economy depends heavily on wages, rents, hospitality, insurance and local services. Those categories can cool more slowly than goods, which is why a lower CPI headline may still feel uneven.
What does GDP signal? +
Import costs can affect inflation through food, fuel and manufactured goods. If sterling-linked import prices rise, they may show up later in retail prices even when the broad CPI rate has already fallen from its peak.
Are monthly CPI prints final? +
The table is useful because it shows recent CPI values rather than only the headline. For the UK, the long view from 9.1% to 2.8% is the main context, while short-term moves show whether cooling is continuing.