The annual inflation rate in the UK rose to 3.3% in March 2026, up from 3% in each of the previous two months and in line with expectations. This marks the highest reading in three months. The increase was driven in part by transport costs, which rose by 4.7%, the fastest pace since December 2022. Motor fuels, in particular, climbed by 4.9%, making the largest upward contribution, largely due to the impact of the war with Iran. The average price of petrol increased by 8.6 pence per litre between February and March 2026 and diesel prices also rose sharply, up by 17.6 pence per litre. Housing and household services costs rose 4.3% (vs 4.2%), driven by a 95.3% surge in domestic heating oil prices, the highest increase since September 2022. Prices also accelerated for food and non-alcoholic beverages (3.7% vs. 3.3%) and services (4.5% vs. 4.3%). On the other hand, clothing prices fell by 0.8%, the steepest decline since March 2021. Compared to February, the CPI increased 0.7%. source: Office for National Statistics
Inflation Rate in the United Kingdom increased to 3.30 percent in March from 3 percent in February of 2026. Inflation Rate in the United Kingdom averaged 2.84 percent from 1989 until 2026, reaching an all time high of 11.10 percent in October of 2022 and a record low of -0.10 percent in April of 2015. This page provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Inflation Rate in the United Kingdom increased to 3.30 percent in March from 3 percent in February of 2026. 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 Inflation Rate is projected to trend around 2.50 percent in 2027 and 2.00 percent in 2028, according to our econometric models.