Inflation United Kingdom 1958

Average inflation: 3.0%

Current Inflation

Inflation is high at 3.0%, well above the ECB target.

Peak and Trough

The highest inflation was in April at 4.9%. The lowest inflation was in July at 1.8%.

Highest month
April: 4.9%
Lowest month
July: 1.8%
Difference
3.1 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.9% lower than the 5-year average of 3.9%. This approaches the lowest level since records began (3.0% in 1958).

5-year average
3.9%
10-year average
3.9%
All-time high (1956)
5%
All-time low (1958)
3%

Trend

Inflation shows a downward trend. Compared to 1957, inflation has fallen by +0.7 percentage point.

Change vs. previous year
-0.7 percentage points
Largest monthly swing
April: +3.1 percentage points

ECB Target

Inflation is 1.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1958

Month overview

Month Inflation Difference vs. 1957
January 3.5% -0.9
February 3.2% -1.1
March 4.1% +1.3
April 4.9% +3.1
May 4.4% +2.4
June 4.3% +1.1
July 1.8% -2.7
August 1.8% -2.2
September 2.2% -1.7
October 2.1% -2.2
November 1.9% -2.6
December 1.8% -2.8
Average 3.0%

Data source

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

See also