Inflation United Kingdom 1970
Average inflation: 6.4%
Current Inflation
Inflation is very high at 6.4%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 7.9%. The lowest inflation was in February at 4.9%.
- Highest month
- November: 7.9%
- Lowest month
- February: 4.9%
- Difference
- 3.0 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 9.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 9.8%.
- Highest increase
- Food and non-alcoholic beverages: 9.8%
- Lowest increase
- Food and non-alcoholic beverages: 9.8%
Historical Context
Current inflation is 1.8% higher than the 5-year average of 4.6%. This approaches the highest level since records began (6.4% in 1970).
- 5-year average
- 4.6%
- 10-year average
- 4.1%
- All-time high (1970)
- 6.4%
- All-time low (1959)
- 0.6%
Trend
Inflation shows an upward trend. Compared to 1969, inflation has risen by +0.9 percentage point.
- Change vs. previous year
- +0.9 percentage points
- Largest monthly swing
- December: +3.2 percentage points
ECB Target
Inflation is 4.4% 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 €106.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1970
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1969 |
|---|---|---|
| January | 5.0% | -1.2 |
| February | 4.9% | -1.3 |
| March | 5.1% | -1.2 |
| April | 5.6% | +0.1 |
| May | 6.1% | +0.8 |
| June | 5.9% | +0.6 |
| July | 6.7% | +1.4 |
| August | 6.8% | +1.9 |
| September | 7.0% | +1.9 |
| October | 7.4% | +2.0 |
| November | 7.9% | +2.5 |
| December | 7.9% | +3.2 |
| Average | 6.4% |
Data source
Data from OECD. Last updated: 17/12/2025.