Annual services inflation in the UK, closely watched by the Bank of England as a measure of domestic price pressures, edged down to 4.4% in January 2026 from 4.5% in December. Services Inflation in the United Kingdom averaged 4.10 percent from 1989 until 2026, reaching an all time high of 12.10 percent in April of 1991 and a record low of 0.60 percent in August of 2020. source: Office for National Statistics



Related Last Previous Unit Reference
Consumer Price Index CPI 139.50 140.10 points Jan 2026
Core Consumer Prices 135.90 136.70 points Jan 2026
Core Inflation Rate YoY 3.10 3.20 percent Jan 2026
Core Inflation Rate MoM -0.60 0.30 percent Jan 2026
Core Producer Prices 142.60 142.30 points Jan 2026
PPI Core Output MoM 0.20 -0.20 percent Jan 2026
PPI Core Output YoY 2.90 3.10 percent Jan 2026
CPI Housing Utilities 149.10 148.40 points Jan 2026
CPI Transportation 136.70 139.20 points Jan 2026
Energy Inflation 0.20 1.70 percent Jan 2026
Food Inflation 3.60 4.50 percent Jan 2026
GDP Deflator 108.90 108.30 points Dec 2025
Consumer Inflation Expectations 3.80 3.60 percent Jan 2026
Inflation Rate YoY 3.00 3.40 percent Jan 2026
Inflation Rate MoM -0.50 0.40 percent Jan 2026
Input Producer Prices 156.90 156.90 points Jan 2026
PPI Input MoM 0.40 -0.50 percent Jan 2026
PPI Input YoY -0.20 0.50 percent Jan 2026
PPI Output MoM 0.00 -0.10 percent Jan 2026
Producer Prices 144.40 144.30 points Jan 2026
PPI Output YoY 2.50 3.10 percent Jan 2026
Rent Inflation 3.10 3.60 percent Jan 2026
Retail Price Index YoY 3.80 4.20 percent Jan 2026
Services Inflation 4.40 4.50 percent Jan 2026


United Kingdom Services Inflation
Services account for about 47 percent of the UK CPI.
Actual Previous Highest Lowest Dates Unit Frequency
4.40 4.50 12.10 0.60 1989 - 2026 percent Monthly
NSA