United Kingdom Inflation Rate

The inflation rate in the United Kingdom was recorded at 2 percent in December of 2013. Inflation Rate in the United Kingdom is reported by the Office for National Statistics. Inflation Rate in the United Kingdom averaged 2.80 Percent from 1989 until 2013, reaching an all time high of 8.50 Percent in April of 1991 and a record low of 0.50 Percent in May of 2000. In the United Kingdom, the most important categories in the consumer price index are Transport (16.2 percent of the total weight) and Housing, Water, Electricity, Gas and Other fuels (14.4 percent). Recreation and Culture accounts for 13.4 percent; Restaurants and Hotels for 11.4 percent and Food and Non-alcoholic Beverages for 11.2 percent. The index also includes: Miscellaneous Goods and Services (9.6 percent); Clothing and Footwear (6.5 percent); Furniture, Household Equipment and Maintenance (6.1 percent). Alcoholic Beverages and Tobacco; Health, Communication and Education account for remaining 11.2 percent of total weight. This page contains – United Kingdom Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.

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