United Kingdom Inflation Rate - Forecast

Inflation Rate in the United Kingdom is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in the United Kingdom to stand at 2.20 in 12 months time. In the long-term, the United Kingdom Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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United Kingdom Prices Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.5 2.4 2.2 2.1 2.2 2
Inflation Rate Mom 0 0.4 0.3 0.2 0.3 0.5
Harmonised Consumer Prices 106 107 107 107 108 112
Consumer Price Index CPI 106 107 107 107 108 112
Core Consumer Prices 106 107 108 107 108 113
Core Inflation Rate 1.9 2.3 2.3 2.2 2.2 2.2
GDP Deflator 104 104 105 106 107 112
Producer Prices Change 3.1 2.5 2.2 2.3 2.4 2.5
Export Prices 113 114 114 115 115 119
Import Prices 111 112 112 113 113 116
Food Inflation 2.3 2.6 2.5 2.4 2.2 2
Inflation Expectations 2.9 2.7 2.5 2.4 2.3 2.2
Producer Prices 114 114 115 115 117 120
Core Producer Prices 112 113 113 114 115 119
CPI Housing Utilities 105 105 105 105 106 110
CPI Transportation 112 108 110 109 113 115