Inflation United Kingdom 1966
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 4.5%. The lowest inflation was in July at 3.5%.
- Highest month
- February: 4.5%
- Lowest month
- July: 3.5%
- Difference
- 1.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 3.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.5%.
- Highest increase
- Food and non-alcoholic beverages: 3.5%
- Lowest increase
- Food and non-alcoholic beverages: 3.5%
Historical Context
Current inflation is around the 5-year average of 3.6%.
- 5-year average
- 3.6%
- 10-year average
- 3%
- All-time high (1956)
- 5%
- All-time low (1959)
- 0.6%
Trend
Inflation has remained relatively stable. Compared to 1965, the difference is minimal (-0.9 percentage point).
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- April: -2.0 percentage points
ECB Target
Inflation is 1.9% 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 €103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1966
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1965 |
|---|---|---|
| January | 4.4% | -0.2 |
| February | 4.5% | 0.0 |
| March | 4.3% | -0.2 |
| April | 3.6% | -2.0 |
| May | 3.9% | -1.1 |
| June | 3.9% | -1.0 |
| July | 3.5% | -1.4 |
| August | 3.9% | -0.8 |
| September | 3.6% | -1.2 |
| October | 3.8% | -1.0 |
| November | 4.0% | -0.4 |
| December | 3.7% | -0.8 |
| Average | 3.9% |
Data source
Data from OECD. Last updated: 17/12/2025.