The Retail Price Index in the United Kingdom increased 11.4% year-on-year in April of 2023, the least in a year, but higher than forecasts of 11.1%. On a monthly basis, the RPI jumped 1.5%, higher than 1.2% in March. source: Office for National Statistics

Retail Price Index in the United Kingdom averaged 5.36 percent from 1948 until 2023, 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 June of 2023.

Retail Price Index in the United Kingdom is expected to be 11.60 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 8.00 percent in 2024 and 4.00 percent in 2025, according to our econometric models.

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United Kingdom Retail Price Index YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-05-24 06:00 AM Retail Price Index MoM Apr 1.5% 0.7% 1.2% 1%
2023-05-24 06:00 AM Retail Price Index YoY Apr 11.4% 13.5% 11.1% 11.6%
2023-06-21 06:00 AM Retail Price Index YoY May 11.4% 11.8%

Related Last Previous Unit Reference
Inflation Rate 8.70 10.10 percent Apr 2023
Inflation Rate MoM 1.20 0.80 percent Apr 2023
Harmonised Consumer Prices 130.43 128.87 points Apr 2023
Consumer Price Index CPI 130.43 128.87 points Apr 2023
Core Inflation Rate 6.80 6.20 percent Apr 2023
Core Consumer Prices 125.07 123.47 points Apr 2023
GDP Deflator 115.63 114.63 points Mar 2023
Producer Prices Change 5.40 8.50 percent Apr 2023
Export Prices 113.40 113.10 points Apr 2018
Import Prices 111.40 111.30 points Apr 2018
Food Inflation 19.00 19.10 percent Apr 2023
Producer Prices 136.40 136.40 points Apr 2023
Retail Price Index 11.40 13.50 percent Apr 2023
CPI Transportation 134.91 132.57 points Apr 2023
CPI Housing Utilities 144.08 142.81 points Apr 2023
Core Producer Prices 135.20 135.20 points Apr 2023

United Kingdom Retail Price Index YoY
In the UK, the RPI index covers only private households but excludes the top 4% of households by income and pensioner households who receive at least three-quarters of their income from benefits. The index was initially developed as a compensation index, derived from an index designed as an aid to protect ordinary workers from price increases associated with the First World War. The RPI provides estimates of inflation from 1947 onwards with the first official release of consumer price inflation being produced in January 1956. Until the introduction of the UK CPI in 1996, the RPI and its derivatives were the only measures of UK consumer price inflation available to users.
Actual Previous Highest Lowest Dates Unit Frequency
11.40 13.50 26.90 -1.60 1948 - 2023 percent Monthly