Retail Price Index in the United Kingdom increased to 4.90 percent in September from 4.80 percent in August of 2021. source: Office for National Statistics

Retail Price Index in the United Kingdom averaged 5.24 percent from 1948 until 2021, 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 October of 2021.

Retail Price Index in the United Kingdom is expected to be 3.40 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 2.60 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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United Kingdom Retail Price Index YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-10-20 06:00 AM Retail Price Index MoM Sep 0.4% 0.6% 0.2% 0.4%
2021-10-20 06:00 AM Retail Price Index YoY Sep 4.9% 4.8% 4.7% 4.9%
2021-11-17 07:00 AM Retail Price Index YoY Oct 4.9%

United Kingdom Last Unit Reference Previous Highest Lowest
Inflation Rate 3.10 percent Sep/21 3.20 8.50 -0.10
Inflation Rate Mom 0.30 percent Sep/21 0.70 3.37 -0.94
Harmonised Consumer Prices 112.42 points Sep/21 112.09 112.42 48.40
Consumer Price Index CPI 112.42 points Sep/21 112.09 112.42 48.40
Core Consumer Prices 112.90 points Sep/21 112.50 112.90 72.90
Core Inflation Rate 2.90 percent Sep/21 3.10 3.70 -0.10
GDP Deflator 105.72 points Jun/21 108.19 110.83 3.81
Producer Prices Change 6.70 percent Sep/21 6.00 27.80 -7.30
Export Prices 113.40 points Apr/18 113.10 115.60 12.20
Import Prices 111.40 points Apr/18 111.30 114.10 12.00
Food Inflation 0.80 percent Sep/21 0.30 13.00 -3.30
Retail Price Index 4.90 percent Sep/21 4.80 26.90 -1.60
CPI Transportation 122.40 points Sep/21 122.70 122.70 40.40
CPI Housing Utilities 108.40 points Sep/21 108.20 108.40 31.70
Producer Prices 115.00 points Sep/21 114.40 115.00 8.10
Core Producer Prices 116.60 points Sep/21 116.00 116.60 78.40

United Kingdom Retail Price Index YoY
In the UK, the RPI 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. Following a consultation on options for improving the Retail Prices Index (RPI), the National Statistician, Jil Matheson, concluded that one of the formulae used to produce the RPI does not meet international standards and recommended that a new index be published. The RPI 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.