Households' expectations for UK inflation over the coming 12 months stood at 3.1 percent in August 2021, unchanged from the previous month's six-month high. Long-term inflation expectations inched up to 3.5 percent in August from 3.4 percent in July. source: YouGov/Citigroup

Inflation Expectations in the United Kingdom averaged 2.49 percent from 1999 until 2021, reaching an all time high of 4.60 percent in June of 2008 and a record low of 0.80 percent in December of 2008. This page provides - United Kingdom Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Inflation Expectations in the United Kingdom is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Inflation Expectations is projected to trend around 2.40 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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United Kingdom Inflation Expectations

Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.10 4.60 0.80 1999 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2018-03-09 09:30 AM Q1 2.9% 2.9% 2.9%
2018-06-08 08:30 AM Q2 2.9% 2.9% 2.6%
2018-09-07 08:30 AM Q3 3% 2.9% 2.7%
2018-12-07 09:30 AM Q4 3.2% 3% 2.6%

United Kingdom Prices Last Previous Highest Lowest Unit
Inflation Rate 3.20 2.00 8.50 -0.10 percent [+]
Inflation Rate Mom 0.70 0.00 3.37 -0.94 percent [+]
Consumer Price Index CPI 112.09 111.30 112.09 48.40 points [+]
Harmonised Consumer Prices 112.09 111.30 112.09 48.40 points [+]
Core Consumer Prices 112.50 111.70 112.50 72.90 points [+]
Core Inflation Rate 3.10 1.80 3.70 -0.10 percent [+]
GDP Deflator 107.99 109.23 111.98 4.00 points [+]
Producer Prices Change 5.90 4.90 27.80 -7.30 percent [+]
Food Inflation 0.30 -0.60 13.00 -3.30 percent [+]
Inflation Expectations 3.10 3.10 4.60 0.80 percent [+]
Producer Prices 114.40 113.60 114.40 8.10 points [+]
Retail Price Index 4.80 3.80 26.90 -1.60 percent [+]
Core Producer Prices 115.90 114.70 115.90 78.40 points [+]
CPI Housing Utilities 108.20 108.10 108.20 31.70 points [+]
CPI Transportation 122.70 121.30 122.70 40.40 points [+]


United Kingdom Inflation Expectations
In the United Kingdom, inflation expectations measure consumers’ median expectation for price growth over the coming 12 months. .