UK consumer prices were flat in December 2019, following a 0.2 percent gain in November and missing market forecasts of 0.2 percent, as increases in prices of transport (0.6 percent), housing, water, electricity, gas & other fuels (0.1 percent), and food & non-alcoholic beverages (0.6 percent) were offset by declines in cost of restaurants & hotels (-0.5 percent), recreation & culture (-0.2 percent), miscellaneous goods & services (-0.1 percent) and clothing & footwear (-1.8 percent). United Kingdom Inflation Rate MoM - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Inflation Rate Mom in the United Kingdom averaged 0.21 percent from 1988 until 2019, 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. This page provides - United Kingdom Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Office for National Statistics
Inflation Rate Mom in the United Kingdom is expected to be 0.30 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 0.60 in 12 months time. In the long-term, the United Kingdom Inflation Rate MoM is projected to trend around 0.40 percent in 2021 and 0.50 percent in 2022, according to our econometric models.