Retail Price inflation in the United Kingdom increased to 6 percent in October from 4.90 percent in September of 2021, above market forecasts of 5.7 percent. It is the highest reading since April of 1991. source: Office for National Statistics

Retail Price Index in the United Kingdom averaged 5.24 percent from 1948 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Retail Price Index in the United Kingdom is expected to be 6.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Retail Price Index YoY is projected to trend around 4.20 percent in 2022 and 3.00 percent in 2023, according to our econometric models.

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United Kingdom Retail Price Index YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-11-17 07:00 AM Retail Price Index MoM Oct 1.1% 0.4% 0.8% 0.5%
2021-11-17 07:00 AM Retail Price Index YoY Oct 6% 4.9% 5.7% 5.4%
2021-12-15 07:00 AM Retail Price Index YoY Nov 6%


Related Last Previous Unit Reference
Inflation Rate 4.20 3.10 percent Oct/21
Inflation Rate Mom 1.10 0.30 percent Oct/21
Consumer Price Index CPI 113.60 112.40 points Oct/21
Harmonised Consumer Prices 113.64 112.42 points Oct/21
Core Inflation Rate 3.40 2.90 percent Oct/21
Core Consumer Prices 113.70 112.90 points Oct/21
GDP Deflator 105.91 105.72 points Sep/21
Producer Prices Change 8.00 6.70 percent Oct/21
Export Prices 113.40 113.10 points Apr/18
Import Prices 111.40 111.30 points Apr/18
Food Inflation 1.20 0.80 percent Oct/21
Retail Price Index 6.00 4.90 percent Oct/21
Producer Prices 116.60 115.00 points Oct/21
CPI Transportation 124.30 122.40 points Oct/21
CPI Housing Utilities 111.80 108.40 points Oct/21
Core Producer Prices 117.60 116.70 points Oct/21
United Kingdom Retail Price Index YoY
In the UK, the RPI index 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. The index 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.