Use our inflation calculator to check how prices in the UK have changed over time, from 1209 to now. The calculator uses Consumer Price Index (CPI) inflation data from the Office for …

Jun 22, 2023 · How inflation is measured Each month, the Office for National Statistics (ONS) collect around 180,000 prices of about 700 items. They use this ‘shopping basket’ to work out …

Jan 15, 2025 · The Consumer Prices Index (CPI) rose by 2.5% in the 12 months to December 2024, down from 2.6% in the 12 months to November. On a monthly basis, CPI rose by 0.3% …

Jan 15, 2025 · The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.5% in the 12 months to December 2024, unchanged from November. On a monthly basis, …

The basket’s overall price is known as the Consumer Price Index. To calculate the rate of inflation, they compare the CPI with what it was a year ago. The change in the price level over the year …

Dec 11, 2024 · In September this year, the Consumer Prices Index (CPI) fell below the Bank of England ’s 2% target for the first time in over three years – a landmark moment. But it was …

Jan 15, 2025 · The Bank of England keeps a close eye on CPI when setting interest rates. If inflation is too high, the Bank raises interest rates to slow consumer spending and cool the …

Sep 18, 2024 · The consumer price index (CPI) remains broadly in line with the Bank of England's desired two per cent target for inflation which means further interest rate cuts could be on the …

The Consumer Price Index (CPI) is the official measure of inflation in consumer prices in the United Kingdom. It is also called the Harmonised Index of Consumer Prices (HICP).

May 21, 2024 · The Consumer Prices Index (CPI) dropped to 3.2 per cent for March, compared with the previous year, and forecasters polled by Reuters think inflation will drop to 2.1 per …