Annual core inflation in the United Kingdom which excludes prices of energy, food, alcohol and tobacco, was steady at 6.5% in October of 2022, holding at record rate since at least 1997, and above forecasts of 6.4%. It compares with 6.5% in September. source: Office for National Statistics

Core Inflation Rate in the United Kingdom averaged 1.79 percent from 1997 until 2022, reaching an all time high of 6.50 percent in September 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 December of 2022.

Core Inflation Rate in the United Kingdom is expected to be 8.50 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
2022-10-19 06:00 AM Sep 6.5% 6.3% 6.4% 6.4%
2022-11-16 07:00 AM Oct 6.5% 6.5% 6.4% 6.7%
2022-12-14 07:00 AM Nov 6.5%


Related Last Previous Unit Reference
Inflation Rate 11.10 10.10 percent Oct 2022
Inflation Rate MoM 2.00 0.50 percent Oct 2022
Consumer Price Index CPI 126.20 123.76 points Oct 2022
Harmonised Consumer Prices 126.20 123.76 points Oct 2022
Core Inflation Rate 6.50 6.50 percent Oct 2022
Core Consumer Prices 121.04 120.24 points Oct 2022
GDP Deflator 111.93 110.35 points Sep 2022
Producer Prices Change 14.80 16.30 percent Oct 2022
Export Prices 113.40 113.10 points Apr 2018
Import Prices 111.40 111.30 points Apr 2018
Food Inflation 16.20 14.50 percent Oct 2022
Retail Price Index 14.20 12.60 percent Oct 2022
Producer Prices 134.60 134.20 points Oct 2022
CPI Transportation 135.45 135.40 points Oct 2022
CPI Housing Utilities 141.61 130.29 points Oct 2022
Core Producer Prices 134.10 133.10 points Oct 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
6.50 6.50 6.50 -0.10 1997 - 2022 percent Monthly