UK inflation rate 2025

This statistic is using original data from the Office for National Statistics and includes copyright material from © Crown, licensed under the Open Government License v3.0. The most important key figures provide you with a compact summary of the topic of “Fast food restaurants in the United Kingdom” and take you straight to the corresponding statistics. The most important key figures provide you with a compact summary of the topic of “Migration in the UK” and take you straight to the corresponding statistics.

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  • One noticeable anomaly during this period was in December 2015, when the average daily temperature reached 9.5 degrees Celsius.
  • Like the Retail Price Index, the Consumer Price Index inflation rate also reached a recent peak in October 2022.
  • The highest average temperature recorded in 2024 until November was in August, at 16.8 degrees Celsius.
  • Inflation is an important measure of any country’s economy, and the Retail Price Index (RPI) is one of the most widely used indicators in the United Kingdom, with the rate expected to be 4.1 percent in 2025, compared with 3.6 percent in 2024.

Between 1961 and 1990, temperatures in England averaged nine degrees Celsius, and from 2013 to 2022, average temperatures in the country had increased to 10.3 degrees Celsius. Although the Retail Price Index is a commonly utilized inflation indicator, the UK also uses a newer method of calculating inflation, the Consumer Price Index. The CPI, along with the CPIH (Consumer Price Index including owner occupiers’ housing costs) are usually preferred by the UK government, but the RPI is still used in certain instances. Increases in rail fares for example, are calculated using the RPI, while increases in pension payments are calculated using CPI, when this is used as the uprating factor. The use of one inflation measure over the other can therefore have a significant impact on people’s lives in the UK.

Debt not expected to start falling until 2029/30

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As of the most recent month, prices were rising fastest in the education sector, at 7.5percent, with prices increasing at the slowest rate in the clothing and footwear sector. non gamstop casinos One of the main consequences of high inflation and low wage growth throughout 2022 and 2023 was an increase in industrial action in the UK. In December 2022, for example, there were approximately 830,000 working days lost due to labor disputes.

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While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. In 2024, the average salary for full-time workers in the UK was 37,430 British pounds a year, up from 34,963 in the previous year. In London, the average annual salary was far higher than the rest of the country, at 47,455 pounds per year, compared with just 32,960 in North East England. There also still exists a noticeable gender pay gap in the UK, which was seven percent for full-time workers in 2024, down from 7.5 percent in 2023.

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The most important key figures provide you with a compact summary of the topic of “The UK economy” and take you straight to the corresponding statistics. The most important key figures provide you with a compact summary of the topic of “The United Kingdom” and take you straight to the corresponding statistics. The most important key figures provide you with a compact summary of the topic of “UK GDP” and take you straight to the corresponding statistics. Unsurprisingly, the heat wave that spread across the British Isles in 2018 was the result of particularly sunny weather.

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Russia’s invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024. The UK inflation rate was 3.6 percent in October 2025, down from 3.8 percent in the previous two months, which was the fastest rate of inflation since January 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years.

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