Retail Price Index Ex Mortgage in the United Kingdom increased to 408.60 points in May from 407.60 points in April of 2026. Retail Price Index Ex Mortgage in the United Kingdom averaged 215.29 points from 1987 until 2026, reaching an all time high of 408.60 points in May of 2026 and a record low of 100.00 points in January of 1987. source: Office for National Statistics



United Kingdom Retail Price Index Ex Mortgage
In the UK, the RPI index measures consumer prices, excluding mortgage interest payments, for private households. It 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.
Actual Previous Highest Lowest Dates Unit Frequency
408.60 407.60 408.60 100.00 1987 - 2026 points Monthly
1987=100