The Consumer Price Index in the United Kingdom increased 0.20 percent in December of 2018 over the previous month. Inflation Rate Mom in the United Kingdom averaged 0.22 percent from 1988 until 2018, reaching an all time high of 3.37 percent in April of 1991 and a record low of -0.94 percent in January of 2000.
Inflation Rate Mom in the United Kingdom is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in the United Kingdom to stand at 0.20 in 12 months time. In the long-term, the United Kingdom Inflation Rate MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.