The British public's expectations for inflation in the coming 12 months was unchanged at 3.2 percent in April 2020, the highest since August last year, amid a falling pound and an escalation in the Covid-19 crisis.

Inflation Expectations in the United Kingdom averaged 2.45 percent from 1999 until 2020, reaching an all time high of 4.60 percent in June of 2008 and a record low of 0.80 percent in December of 2008. This page provides - United Kingdom Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020.

Inflation Expectations in the United Kingdom is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Expectations in the United Kingdom to stand at 2.00 in 12 months time. In the long-term, the United Kingdom Inflation Expectations is projected to trend around 2.00 percent in 2021, according to our econometric models.

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United Kingdom Inflation Expectations

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.20 4.60 0.80 1999 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2018-03-09 09:30 AM Q1 2.9% 2.9% 2.9%
2018-06-08 08:30 AM Q2 2.9% 2.9% 2.6%
2018-09-07 08:30 AM Q3 3% 2.9% 2.7%
2018-12-07 09:30 AM Q4 3.2% 3% 2.6%

United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 1.50 8.50 -0.10 percent [+]
Inflation Rate Mom -0.20 0.00 3.37 -0.94 percent [+]
Consumer Price Index CPI 108.50 108.60 108.60 48.40 points [+]
Harmonised Consumer Prices 108.50 108.63 108.63 48.40 points [+]
Core Consumer Prices 108.90 108.80 108.90 72.90 points [+]
Core Inflation Rate 1.40 1.60 3.70 -0.10 percent [+]
GDP Deflator 107.11 106.48 107.11 4.16 points [+]
Producer Prices Change -0.70 0.30 27.80 -1.90 percent [+]
Food Inflation 1.30 1.30 13.00 -3.30 percent [+]
Inflation Expectations 3.20 3.20 4.60 0.80 percent [+]
Producer Prices 114.70 115.50 116.20 8.10 points [+]
Retail Price Index 1.50 2.60 26.90 -1.60 percent [+]
Core Producer Prices 114.70 114.80 114.80 89.80 points [+]
CPI Housing Utilities 105.70 106.20 107.20 31.70 points [+]
CPI Transportation 111.80 111.80 114.90 40.40 points [+]


United Kingdom Inflation Expectations
In the United Kingdom, inflation expectations measure consumers’ median expectation for price growth over the coming 12 months. .