london skyline

United Kingdom Inflation March 2021

United Kingdom: Inflation increases in March but remains well below target

Consumer prices increased a seasonally-adjusted 0.27% in March over the previous month, accelerating from February’s 0.09% increase. The result was largely due to rising prices for recreation and culture.

Inflation edged up to 0.7% in March, above February’s 0.4%. Annual average inflation ticked down to 0.6% in March (February: 0.7%). Core inflation rose to 1.1% in March from February’s 0.9% increase.

This year inflation is seen rising close to the Bank of England’s 2.0% target due to a combination of higher energy prices, economic recovery and supply-chain pressure linked to Brexit.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest