United Kingdom Prime Lending Rate

Bank Lending Rate in the United Kingdom remained unchanged at 1.75 percent in February from 1.75 percent in January of 2019. Bank Lending Rate in the United Kingdom averaged 7.34 percent from 1950 until 2019, reaching an all time high of 18 percent in November of 1979 and a record low of 1.25 percent in August of 2016.

Bank Lending Rate in the United Kingdom is expected to be 1.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in the United Kingdom to stand at 2.50 in 12 months time. In the long-term, the United Kingdom Prime Lending Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

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United Kingdom Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	-13.00	-14.00	10.00	-39.00	Index Points	[+]
Retail Sales MoM	1.00	-0.70	2.90	-3.50	percent	[+]
Retail Sales YoY	4.20	3.10	9.00	-3.90	percent	[+]
Consumer Spending	337646.00	336282.00	337646.00	68903.00	GBP Million	[+]
Disposable Personal Income	340827.00	340475.00	340973.00	66638.00	GBP Million	[+]
Personal Savings	4.30	4.50	15.20	-0.90	percent	[+]
Bank Lending Rate	1.75	1.75	18.00	1.25	percent	[+]
Consumer Credit	1095.00	683.00	2240.00	-1182.00	GBP Million	[+]
Gasoline Prices	1.57	1.58	2.22	0.92	USD/Liter	[+]
Households Debt To GDP	86.50	86.30	95.90	28.70	percent of GDP	[+]
Consumer Confidence Current Conditions	-25.00	-20.00	7.00	-82.00		[+]
Consumer Confidence Economic Expectations	-23.00	-21.00	20.00	-52.00		[+]
Consumer Confidence Financial Expectations	0.00	4.00	15.00	-18.00		[+]
Consumer Confidence Major Purchases Expectations	1.00	9.00	31.00	-43.00		[+]

In the United Kingdom, the prime lending rate is the average rate of interest charged on loans by major commercial banks to private individuals and companies. This page provides - United Kingdom Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Prime Lending Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.75	1.75	18.00	1.25	1950 - 2019	percent	Monthly

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Country	Last		Previous	Range
Brazil	51.35	Jan/19	48.88	254 : 39.12	%
South Africa	10.25	Feb/19	10.25	25.5 : 5.5	%
India	9.45	Mar/19	9.45	20 : 8	%
Russia	9.24	Dec/18	9.06	449 : 7.9	%
Australia	8.66	Feb/19	8.66	20.5 : 8.1	%
United States	5.50	Feb/19	5.5	20.5 : 2	%
Singapore	5.33	Feb/19	5.33	14.98 : 5.28	%
China	4.35	Feb/19	4.35	12.06 : 4.35	%
Canada	3.95	Mar/19	3.95	22.75 : 2.25	%
South Korea	3.73	Jan/19	3.72	17.01 : 3.23	%
Germany	2.01	Jan/19	2.06	6.55 : 2.01	%
Euro Area	1.99	Jan/19	1.97	6.52 : 1.97	%
Italy	1.98	Jan/19	1.9	6.48 : 1.89	%
France	1.77	Jan/19	1.7	6.29 : 1.67	%
United Kingdom	1.75	Feb/19	1.75	18 : 1.25	%
Spain	1.25	Jan/19	0.94	6.29 : 0.94	%
Japan	1.00	Jan/19	1	9.9 : 0.9	%
Netherlands	0.89	Jan/19	0.83	6.26 : 0.83	%