The UK's annual core inflation rate remained at 2.6% in July 2026, unchanged for the third consecutive month. It stayed at its highest level since March and slightly above market expectations of 2.5%. The annual rate for CPI goods accelerated (2.2% vs 1.7% in June), while CPI services inflation eased (3.4% vs 3.6%). On a monthly basis, core consumer prices rose 0.2%, slowing from 0.3% increases in both June and May and marking the softest monthly reading since January. source: Office for National Statistics

Core consumer prices in the United Kingdom increased 2.60 percent in July of 2026 over the same month in the previous year. Core Inflation Rate in the United Kingdom averaged 2.11 percent from 1997 until 2026, reaching an all time high of 7.10 percent in May of 2023 and a record low of -0.10 percent in June of 2000. This page provides - United Kingdom Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Core consumer prices in the United Kingdom increased 2.60 percent in July of 2026 over the same month in the previous year. Core Inflation Rate in the United Kingdom is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Core Inflation Rate is projected to trend around 2.60 percent in 2027 and 2.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-22 06:00 AM
Core Inflation Rate YoY
Jun 2.6% 2.6% 2.5% 2.5%
2026-08-19 06:00 AM
Core Inflation Rate YoY
Jul 2.6% 2.6% 2.5% 2.5%
2026-09-16 06:00 AM
Core Inflation Rate YoY
Aug 2.6% 2.6%



Components Last Previous Unit Reference
PPI Output YoY 3.10 3.50 percent Jul 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 142.90 142.50 points Jul 2026
Core Consumer Prices 139.30 139.10 points Jul 2026
Core Inflation Rate YoY 2.60 2.60 percent Jul 2026
Core Producer Prices 146.10 145.20 points Jul 2026
CPI Clothing and Footwear 117.70 118.70 points Jul 2026
CPI Education 152.70 152.70 points Jul 2026
CPI Food and Non-Alcoholic Beverages 144.00 144.00 points Jul 2026
CPI Housing Utilities 153.20 149.70 points Jul 2026
CPI Recreation and Culture 136.30 136.40 points Jul 2026
CPI Hotels, Cafes and Restaurants 157.00 156.90 points Jul 2026
CPI Transportation 146.10 145.80 points Jul 2026
Food Inflation 1.30 1.70 percent Jul 2026
GDP Deflator 110.00 108.90 points Mar 2026
Inflation Rate YoY 2.90 2.60 percent Jul 2026
Inflation Rate MoM 0.30 0.10 percent Jul 2026
Producer Prices 148.40 148.10 points Jul 2026
Retail Price Index 419.10 416.50 percent Jul 2026


United Kingdom Core Inflation Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.60 7.10 -0.10 1997 - 2026 percent Monthly

News Stream
UK Core Inflation Holds at 2.6% for 3rd Month
The UK's annual core inflation rate remained at 2.6% in July 2026, unchanged for the third consecutive month. It stayed at its highest level since March and slightly above market expectations of 2.5%. The annual rate for CPI goods accelerated (2.2% vs 1.7% in June), while CPI services inflation eased (3.4% vs 3.6%). On a monthly basis, core consumer prices rose 0.2%, slowing from 0.3% increases in both June and May and marking the softest monthly reading since January.
2026-08-19
UK Core Inflation Stays at 2.6%, Tops Estimates
The UK's annual core inflation rate held steady at 2.6% in June 2026, matching May's reading and remaining at its highest level since March. The latest figure came in slightly above market expectations of 2.5%, despite easing price pressures in both core goods (1.7% vs. 2.0% in May) and core services (3.6% vs. 3.7%). On a monthly basis, core consumer prices rose 0.3%, unchanged from May, staying at the softest monthly increase since January.
2026-07-22
UK Core Inflation Slightly Below Estimates
The UK's annual core inflation rate edged up to 2.6% in May 2026 from April's nearly five-year low of 2.5%, though it came in slightly below market expectations of 2.7%. Core goods inflation eased to 2.0% from 2.4%, while core services inflation accelerated to 3.7% from 3.2%. On a monthly basis, core consumer prices rose 0.3%, slowing from a 0.7% increase in April and falling short of forecasts of 0.4%. It also marked the softest monthly rise since January.
2026-06-17