The Retail Price Index in the United Kingdom increased 14.2% year-on-year in October of 2022, the most since December of 1980 and much higher than market forecasts of 13.5%. On a monthly basis, the RPI jumped 2.5%, almost twice expectations of 1.8%. source: Office for National Statistics
Retail Price Index in the United Kingdom averaged 5.31 percent from 1948 until 2022, 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 December of 2022.
Retail Price Index in the United Kingdom is expected to be 19.00 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 8.50 percent in 2023 and 4.00 percent in 2024, according to our econometric models.