Inflation United Kingdom 1960
Average inflation: 1.0%
Inflation in 1960
Inflation is low at 1.0%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in October at 2.0%. The lowest inflation was in January at -0.5%.
- Highest month
- October: 2.0%
- Lowest month
- January: -0.5%
- Difference
- 2.5 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.7 percentage points lower than the 5-year average of 2.7%.
- 5-year average
- 2.7%
- 10-year average
- 2.7%
- All-time high (1956)
- 5%
- All-time low (1959)
- 0.6%
Trend
Over the period 1958-1960, inflation shows a downward trend. Compared to 1959, inflation has risen by 0.4 percentage points.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- February: -2.9 percentage points
ECB Target
Inflation is 1.0 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for £100 this year will cost approximately £101 next year at this inflation rate.
Multi-year trend
Monthly figures 1960
Month overview
| Month | Inflation | Difference vs. 1959 |
|---|---|---|
| January | -0.5% | -2.6 |
| February | -0.4% | -2.9 |
| March | -0.5% | -2.3 |
| April | 0.7% | +0.8 |
| May | 1.1% | +1.2 |
| June | 1.5% | +2.3 |
| July | 1.9% | +1.4 |
| August | 1.0% | +0.1 |
| September | 1.7% | +1.4 |
| October | 2.0% | +2.2 |
| November | 1.7% | +1.5 |
| December | 1.8% | +1.8 |
| Average | 1.0% |
Data source
Data from OECD. Last updated: 15/12/2025.