United Kingdom Inflation Rate

Last Release

Feb 28, 2025

Actual

2.8

Units In

Frequency

Monthly

Next Release

Apr 16, 2025

Time to Release

19 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
11.1 Oct 2022	-0.1 Apr 2015	2.82 %	1989-2025	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

The annual inflation rate in the UK fell to 2.8% in February 2025 from 3% in January, below market expectations of 2.9%, though in line with the Bank of England's forecast. The largest downward contribution came from prices of clothing which declined for the first time since October 2021 (-0.6% vs 1.8%), led by garments for women and children's clothing. Inflation also eased in recreation and culture (3.4% vs. 3.8%), particularly in live music admission and recording media, as well as in housing and utilities (1.9% vs. 2.1%), including actual rents for housing (7.4% vs. 7.8%). In contrast, food inflation was unchanged at 3.3% and prices rose faster for transport (1.8% vs 1.7%) and restaurants and hotels (3.4% vs 3.3%). Meanwhile, services inflation held steady at 5%. The annual core inflation rate declined to 3.5% from 3.7%. Compared to the previous month, the CPI increased 0.4%, rebounding from a 0.1% decline but falling short of the expected 0.5% increase.