Core consumer prices in the United Kingdom increased 3.4 percent year-on-year in October of 2021. It is the highest core inflation rate since October of 2011, above market forecasts of 3.1 percent. source: Office for National Statistics

Core Inflation Rate in the United Kingdom averaged 1.64 percent from 1997 until 2021, reaching an all time high of 3.70 percent in April of 2011 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 December of 2021.

Core Inflation Rate in the United Kingdom is expected to be 3.60 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 2.10 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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United Kingdom Core Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-20 06:00 AM Sep 2.9% 3.1% 3% 2.9%
2021-11-17 07:00 AM Oct 3.4% 2.9% 3.1% 3%
2021-12-15 07:00 AM Nov 3.4%


Related Last Previous Unit Reference
Inflation Rate 4.20 3.10 percent Oct/21
Inflation Rate Mom 1.10 0.30 percent Oct/21
Consumer Price Index CPI 113.60 112.40 points Oct/21
Harmonised Consumer Prices 113.64 112.42 points Oct/21
Core Inflation Rate 3.40 2.90 percent Oct/21
Core Consumer Prices 113.70 112.90 points Oct/21
GDP Deflator 105.91 105.72 points Sep/21
Producer Prices Change 8.00 6.70 percent Oct/21
Export Prices 113.40 113.10 points Apr/18
Import Prices 111.40 111.30 points Apr/18
Food Inflation 1.20 0.80 percent Oct/21
Retail Price Index 6.00 4.90 percent Oct/21
Producer Prices 116.60 115.00 points Oct/21
CPI Transportation 124.30 122.40 points Oct/21
CPI Housing Utilities 111.80 108.40 points Oct/21
Core Producer Prices 117.60 116.70 points Oct/21
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.