Average inflation measured by CPI rose 11.0% to 2.00% in the United Kingdom in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in the United Kingdom reached an all time high of 2.00% in 2020 and an all time low of 0.004% in 2015. When compared to United Kingdom's main peers, average inflation measured by CPI in Belgium amounted to 1.79%, 1.75% in France, 2.08% in Germany and 1.52% in Ireland in 2020.
United Kingdom has been ranked 131st within the group of 171 countries we follow in terms of average inflation measured by CPI, 16 places below the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Austria | % | 0.021% | 0.020% | 0.015% | 2.10% | 2.10% | ||||||||||||||||
Belgium | % | 0.021% | 0.021% | 0.014% | 1.79% | 1.92% | ||||||||||||||||
Canada | % | 0.016% | 0.023% | 0.019% | 2.10% | 2.11% | ||||||||||||||||
France | % | 0.010% | 0.019% | 0.011% | 1.75% | 1.82% | ||||||||||||||||
Germany | % | 0.015% | 0.017% | 0.014% | 2.08% | 2.29% | ||||||||||||||||
Iceland | % | 0.018% | 0.027% | 0.030% | 2.60% | 2.50% | ||||||||||||||||
Ireland | % | 0.003% | 0.005% | 0.009% | 1.52% | 1.74% | ||||||||||||||||
Italy | % | 0.012% | 0.011% | 0.006% | 1.48% | 1.58% | ||||||||||||||||
Luxembourg | % | 0.017% | 0.015% | 0.017% | 1.89% | 2.00% | ||||||||||||||||
Netherlands | % | 0.014% | 0.017% | 0.026% | 1.84% | 1.94% | ||||||||||||||||
Poland | % | 0.021% | 0.018% | 0.022% | 2.50% | 2.50% | ||||||||||||||||
Spain | % | 0.020% | 0.017% | 0.007% | 1.86% | 1.89% | ||||||||||||||||
United Kingdom | % | 0.026% | 0.023% | 0.017% | 2.00% | 2.00% |