Inflation United Kingdom 1956

Average inflation: 5.0%

Current Inflation

Inflation is very high at 5.0%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 7.3%. The lowest inflation was in November at 2.7%.

Highest month
April: 7.3%
Lowest month
November: 2.7%
Difference
4.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 5.0%. This approaches the highest level since records began (5.0% in 1956).

5-year average
5%
10-year average
5%
All-time high (1956)
5%
All-time low (1956)
5%

Trend

ECB Target

Inflation is 3.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1956

Month overview

Month Inflation
January 5.1%
February 5.1%
March 6.4%
April 7.3%
May 7.3%
June 5.0%
July 4.3%
August 5.3%
September 4.4%
October 4.0%
November 2.7%
December 3.0%
Average 5.0%

Data source

Data from OECD. Last updated: 15/12/2025.

See also