UK households' one-year-ahead inflation expectations declined to 3.4% in July 2026 from 3.8% in June, marking the lowest reading since February and extending the retreat from the March high of 5.4% following the initial US strikes on Iran. Longer-term expectations also moderated, easing to 3.7% from 3.9%. Inflation expectations have now largely retraced the Iran war-related spike, despite the recent resurgence in global oil and gas prices. source: YouGov/Citigroup

Inflation Expectations in the United Kingdom decreased to 3.40 percent in July from 3.80 percent in June of 2026. Inflation Expectations in the United Kingdom averaged 2.90 percent from 1999 until 2026, reaching an all time high of 6.30 percent in August of 2022 and a record low of 0.80 percent in December of 2008. This page provides - United Kingdom Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.



Related Last Previous Unit Reference
Consumer Price Index CPI 142.90 142.50 points Jul 2026
Core Consumer Prices 139.30 139.10 points Jul 2026
Core Inflation Rate YoY 2.60 2.60 percent Jul 2026
Core Inflation Rate MoM 0.20 0.30 percent Jul 2026
Core Producer Prices 146.10 145.20 points Jul 2026
PPI Core Output MoM 0.60 0.50 percent Jul 2026
PPI Core Output YoY 2.80 2.60 percent Jul 2026
CPI Housing Utilities 153.20 149.70 points Jul 2026
CPI Transportation 146.10 145.80 points Jul 2026
Energy Inflation 9.80 5.70 percent Jul 2026
Food Inflation 1.30 1.70 percent Jul 2026
GDP Deflator 110.00 108.90 points Mar 2026
Consumer Inflation Expectations 3.40 3.80 percent Jul 2026
Inflation Rate YoY 2.90 2.60 percent Jul 2026
Inflation Rate MoM 0.30 0.10 percent Jul 2026
Input Producer Prices 164.50 167.30 points Jul 2026
PPI Input MoM -1.70 -1.90 percent Jul 2026
PPI Input YoY 4.90 7.40 percent Jul 2026
PPI Output MoM 0.20 -0.10 percent Jul 2026
Producer Prices 148.40 148.10 points Jul 2026
PPI Output YoY 3.10 3.50 percent Jul 2026
Rent Inflation 4.10 3.40 percent Jul 2026
Retail Price Index 419.10 416.50 percent Jul 2026
Services Inflation 3.40 3.60 percent Jul 2026


United Kingdom Inflation Expectations
In the United Kingdom, inflation expectations measure consumers’ median expectation for price growth over the coming 12 months.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.80 6.30 0.80 1999 - 2026 percent Monthly
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