Core inflation rate in the United Kingdom slowed to 0.9 percent in August of 2020 from 1.8 percent in July and compared to forecasts of 0.6 percent. It is the lowest core inflation since June of 2015.

Core Inflation Rate in the United Kingdom averaged 1.63 percent from 1997 until 2020, 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 September of 2020. source: Office for National Statistics

Core Inflation Rate in the United Kingdom is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in the United Kingdom to stand at 1.40 in 12 months time. In the long-term, the United Kingdom Core Inflation Rate is projected to trend around 1.60 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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United Kingdom Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.80 3.70 -0.10 1997 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-17 06:00 AM May 1.2% 1.4% 1.3% 1.1%
2020-07-15 06:00 AM Jun 1.4% 1.2% 1.2% 1.3%
2020-08-19 06:00 AM Jul 1.8% 1.4% 1.3% 1.4%
2020-09-16 06:00 AM Aug 0.9% 1.8% 0.6% 0.8%
2020-10-21 06:00 AM Sep 0.9% 0.7%
2020-11-18 07:00 AM Oct
2020-12-16 07:00 AM Nov


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.