Retail prices in the United Kingdom surged 11.7% year-on-year in May of 2022, accelerating from an 11% increase in April and above market expectations of a 11.4% advance. source: Office for National Statistics

Retail Price Index in the United Kingdom averaged 5.27 percent from 1948 until 2022, 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 June of 2022.

Retail Price Index in the United Kingdom is expected to be 10.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Retail Price Index YoY is projected to trend around 3.60 percent in 2023 and 3.00 percent in 2024, according to our econometric models.

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United Kingdom Retail Price Index YoY



Related Last Previous Unit Reference
Inflation Rate 9.10 9.00 percent May 2022
Inflation Rate Mom 0.70 2.50 percent May 2022
Consumer Price Index CPI 120.80 120.00 points May 2022
Harmonised Consumer Prices 120.80 120.00 points May 2022
Core Inflation Rate 5.90 6.20 percent May 2022
Core Consumer Prices 117.70 117.10 points May 2022
GDP Deflator 108.40 106.53 points Mar 2022
Producer Prices Change 15.70 14.70 percent May 2022
Export Prices 113.40 113.10 points Apr 2018
Import Prices 111.40 111.30 points Apr 2018
Food Inflation 8.60 6.70 percent May 2022
Retail Price Index 11.70 11.10 percent May 2022
Producer Prices 129.40 126.60 points May 2022
CPI Transportation 133.80 132.90 points May 2022
CPI Housing Utilities 128.60 128.30 points May 2022
Core Producer Prices 129.50 127.70 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
11.70 11.10 26.90 -1.60 1948 - 2022 percent Monthly
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