United Kingdom Inflation

United Kingdom

United Kingdom: Consumer prices drop over September 2014

October 13, 2015

In September, consumer prices decreased 0.1% over the previous month, which contrasted August’s six-month high 0.2% increase. The figure reflected lower prices for food and non-alcoholic beverages.

Consumer prices in September dropped 0.1% over the same month of last year, which was below the flat reading recorded in August. September’s reading came in below the flat variation expected by the markets. Annual average inflation inched down from 0.4% in August to 0.3% in September, the lowest print on record.

In its latest inflation report, from February, the Bank of England projected that inflation will average 0.2% in 2015 and 1.5% in 2016. FocusEconomics Consensus Forecast panelists expect inflation to average 0.4% in 2015, which is down 0.1 percentage points from last month’s forecast. For 2016, the panel forecasts that inflation will average 1.6%.

Author:, Senior Economist

Sample Report

Looking for forecasts related to Inflation in United Kingdom? Download a sample report now.


United Kingdom Inflation Chart

United Kingdom Inflation September 2015

Note: Annual and monthly variation of consumer price index in %.
Source: Office for National Statistics (ONS) and FocusEconomics calculations.

United Kingdom Economic News

More news

Search form