The core inflation rate in the United Kingdom rose 5.9% year-on-year in May of 2022, easing from a record 6.2% advance in April and below market expectations of 6%. source: Office for National Statistics
Core Inflation Rate in the United Kingdom averaged 1.72 percent from 1997 until 2022, reaching an all time high of 6.20 percent in April of 2022 and a record low of -0.10 percent in June of 2000. This page provides - United Kingdom Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Core Inflation Rate in the United Kingdom is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Core Inflation Rate is projected to trend around 2.80 percent in 2023 and 2.30 percent in 2024, according to our econometric models.