Consumer prices in the UK increased 0.7% from a month earlier in May of 2022, after a 2.5% jump in April and compared to market expectations of 0.6%. source: Office for National Statistics
Inflation Rate Mom in the United Kingdom averaged 0.22 percent from 1988 until 2022, reaching an all time high of 3.50 percent in April of 1991 and a record low of -1 percent in January of 2000. This page provides - United Kingdom Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Inflation Rate Mom in the United Kingdom is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Inflation Rate MoM is projected to trend around 0.40 percent in 2023 and 0.30 percent in 2024, according to our econometric models.