Annual core inflation rate in the United Kingdom which exclude prices for energy, food, alcohol and tobacco slowed for a second month to 5.8% in June of 2022 from 5.9% in May, matching market forecasts. source: Office for National Statistics

Core Inflation Rate in the United Kingdom averaged 1.73 percent from 1997 until 2022, reaching an all time high of 6.20 percent in April of 2022 and a record low of -0.10 percent in June of 2000. This page provides - United Kingdom Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Core Inflation Rate in the United Kingdom is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Core Inflation Rate is projected to trend around 2.80 percent in 2023 and 2.30 percent in 2024, according to our econometric models.

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United Kingdom Core Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-06-22 06:00 AM May 5.9% 6.2% 6% 6.1%
2022-07-20 06:00 AM Jun 5.8% 5.9% 5.8% 5.9%
2022-08-17 06:00 AM Jul 5.8%

Related Last Previous Unit Reference
Inflation Rate 9.40 9.10 percent Jun 2022
Inflation Rate Mom 0.80 0.70 percent Jun 2022
Harmonised Consumer Prices 121.79 120.80 points Jun 2022
Consumer Price Index CPI 121.80 120.80 points Jun 2022
Core Inflation Rate 5.80 5.90 percent Jun 2022
Core Consumer Prices 118.20 117.70 points Jun 2022
GDP Deflator 108.40 106.53 points Mar 2022
Producer Prices Change 16.50 15.70 percent Jun 2022
Export Prices 113.40 113.10 points Apr 2018
Import Prices 111.40 111.30 points Apr 2018
Food Inflation 9.80 8.60 percent Jun 2022
Retail Price Index 11.80 11.70 percent Jun 2022
Producer Prices 131.30 129.50 points Jun 2022
CPI Transportation 136.90 133.80 points Jun 2022
CPI Housing Utilities 129.00 128.60 points Jun 2022
Core Producer Prices 130.80 129.50 points Jun 2022

United Kingdom Core Inflation Rate
In the United Kingdom, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.90 6.20 -0.10 1997 - 2022 percent Monthly