The UK’s annual core inflation rate stood at 3.2% in February 2026, compared with market estimates and January's reading of 3.1%. Core services inflation eased slightly (4.3% vs 4.4% in January) while goods inflation held steady (at 1.6%). On a monthly basis, core consumer prices increased 0.6%, exceeding forecasts of 0.5% and reversing a 0.6% decline in January. source: Office for National Statistics

Core consumer prices in the United Kingdom increased 3.20 percent in February of 2026 over the same month in the previous year. Core Inflation Rate in the United Kingdom averaged 2.10 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 March of 2026.

Core consumer prices in the United Kingdom increased 3.20 percent in February of 2026 over the same month in the previous year. Core Inflation Rate in the United Kingdom is expected to be 2.80 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 2.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-18 07:00 AM
Core Inflation Rate YoY
Jan 3.1% 3.2% 3.1% 3.0%
2026-03-25 07:00 AM
Core Inflation Rate YoY
Feb 3.2% 3.1% 3.1% 3.1%
2026-04-22 06:00 AM
Core Inflation Rate YoY
Mar 3.2% 2.8%

Components Last Previous Unit Reference
PPI Output YoY 1.70 2.50 percent Feb 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 140.10 139.50 points Feb 2026
Core Consumer Prices 136.70 135.90 points Feb 2026
Core Inflation Rate YoY 3.20 3.10 percent Feb 2026
Core Producer Prices 141.50 142.60 points Feb 2026
CPI Clothing and Footwear 118.60 117.90 points Feb 2026
CPI Education 152.70 152.70 points Feb 2026
CPI Food and Non-Alcoholic Beverages 143.90 143.90 points Feb 2026
CPI Housing Utilities 149.30 149.10 points Feb 2026
CPI Recreation and Culture 135.10 135.10 points Feb 2026
CPI Hotels, Cafes and Restaurants 152.10 150.60 points Feb 2026
CPI Transportation 137.50 136.70 points Feb 2026
Food Inflation 3.30 3.60 percent Feb 2026
GDP Deflator 108.90 108.30 points Dec 2025
Inflation Rate YoY 3.00 3.00 percent Feb 2026
Inflation Rate MoM 0.40 -0.50 percent Feb 2026
Producer Prices 143.50 144.30 points Feb 2026
Retail Price Index YoY 3.60 3.80 percent Feb 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
3.20 3.10 7.10 -0.10 1997 - 2026 percent Monthly

News Stream
UK Core Inflation Rate Edges Higher to 3.2%
The UK’s annual core inflation rate stood at 3.2% in February 2026, compared with market estimates and January's reading of 3.1%. Core services inflation eased slightly (4.3% vs 4.4% in January) while goods inflation held steady (at 1.6%). On a monthly basis, core consumer prices increased 0.6%, exceeding forecasts of 0.5% and reversing a 0.6% decline in January.
2026-03-25
UK Core Inflation Rate Lowest in Over 4 Years
The UK’s annual core inflation rate edged down to 3.1% in January 2026 from 3.2% in the previous two months, in line with market expectations. It marked the lowest reading since September 2021, as core goods inflation slowed notably (1.6% vs 2.2% in December), while services inflation eased slightly (4.4% vs 4.5%). On a monthly basis, core consumer prices fell 0.6%, reversing a 0.3% increase in December.
2026-02-18
UK Core Inflation Steady at 3.2%
The UK’s annual core inflation rate stood at 3.2% in December 2025, unchanged from the previous month and matching market expectations. The latest reading remained the lowest level since December 2024, even as price pressures picked up slightly across both goods (2.2% vs 2.1% in November) and services (4.5% vs 4.4%). On a monthly basis, core consumer prices increased 0.3%, rebounding from a 0.2% decline in November.
2026-01-21