The retail price index in the UK rose 3.0 percent from a year earlier in May 2019, the same pace as in the previous month. On a monthly basis, retail prices went up 0.3 percent, easing from a 1.1 percent rise in April. Retail Price Index in the United Kingdom averaged 5.33 percent from 1948 until 2019, reaching an all time high of 26.90 percent in August of 1975 and a record low of -1.60 percent in June of 2009.

United Kingdom Retail Price Index YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-22 08:30 AM Retail Price Index MoM 1.1% 0% 0.8% 0.2%
2019-05-22 08:30 AM Retail Price Index YoY 3% 2.4% 2.8% 2.1%
2019-06-19 08:30 AM Retail Price Index YoY 3% 3% 2.9% 3%
2019-06-19 08:30 AM Retail Price Index MoM 0.3% 1.1% 0.2% 0.3%
2019-07-17 08:30 AM Retail Price Index MoM 0.3%
2019-07-17 08:30 AM Retail Price Index YoY 3%
2019-08-14 08:30 AM Retail Price Index YoY


United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.10 8.50 -0.10 percent [+]
Inflation Rate Mom 0.30 0.60 3.37 -0.94 percent [+]
Consumer Price Index CPI 107.90 107.60 107.90 48.40 Index Points [+]
Harmonised Consumer Prices 107.90 107.63 107.90 48.40 Index Points [+]
Core Consumer Prices 107.70 107.40 107.70 72.90 Index Points [+]
Core Inflation Rate 1.70 1.80 3.70 -0.10 percent [+]
GDP Deflator 105.28 104.79 105.28 4.24 Index Points [+]
Producer Prices Change 1.80 2.10 27.80 -1.90 percent [+]
Food Inflation 1.00 0.70 13.00 -3.30 percent [+]
Inflation Expectations 2.60 2.70 4.60 0.80 percent [+]
Producer Prices 115.80 115.50 115.80 8.10 Index Points [+]
Retail Price Index 3.00 3.00 26.90 -1.60 percent [+]
Core Producer Prices 114.10 114.00 114.10 89.80 Index Points [+]
CPI Housing Utilities 107.10 107.00 107.10 31.70 Index Points [+]
CPI Transportation 112.50 112.91 113.30 40.40 Index Points [+]


United Kingdom Retail Price Index YoY

In the UK, the RPI was initially developed as a compensation index, derived from an index designed as an aid to protect ordinary workers from price increases associated with the First World War. The RPI provides estimates of inflation from 1947 onwards with the first official release of consumer price inflation being produced in January 1956. Until the introduction of the UK CPI in 1996, the RPI and its derivatives, were the only measures of UK consumer price inflation available to users. Following a consultation on options for improving the Retail Prices Index (RPI), the National Statistician, Jil Matheson, concluded that one of the formulae used to produce the RPI does not meet international standards and recommended that a new index be published. The RPI covers only private households but excludes the top 4% of households by income and pensioner households who receive at least three-quarters of their income from benefits. This page provides - United Kingdom Retail Price Index YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Retail Price Index YoY - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 26.90 -1.60 1948 - 2019 percent Monthly
NSA




Country Last Previous
United Kingdom 3.00 May/19


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