United Kingdom Core Inflation Rate

Last Release

Jan 31, 2025

Actual

3.7

Units In

3.2

Frequency

Monthly

Next Release

Mar 26, 2025

Time to Release

1 Months 2 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
7.1 May 2023	-0.1 Jun 2000	2.05 %	1997-2025	Office for National Statistics

In the United Kingdom, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Latest Updates

The annual core inflation rate in the United Kingdom rose by to 3.5% in January 2025, up from 3.2% in the previous month, marking the highest reading since April 2024 and matching market forecasts. The annual CPI services rate was notably higher (5.0% vs 4.4% in December), as did the annual CPI goods rate (1.0% vs 0.7%). On a monthly basis, core consumer prices declined by 0.4%, shifting from a 0.3% increase in December.