Inflation United Kingdom 1975
Average inflation: 24.1%
Current Inflation
Inflation is very high at 24.1%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 26.9%. The lowest inflation was in January at 19.9%.
- Highest month
- August: 26.9%
- Lowest month
- January: 19.9%
- Difference
- 7.0 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 24.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 24.9%.
- Highest increase
- Food and non-alcoholic beverages: 24.9%
- Lowest increase
- Food and non-alcoholic beverages: 24.9%
Historical Context
Current inflation is 10.9% higher than the 5-year average of 13.2%. This approaches the highest level since records began (24.1% in 1975).
- 5-year average
- 13.2%
- 10-year average
- 8.9%
- All-time high (1975)
- 24.1%
- All-time low (1959)
- 0.6%
Trend
Inflation shows an upward trend. Compared to 1974, inflation has risen by +8.1 percentage point.
- Change vs. previous year
- +8.1 percentage points
- Largest monthly swing
- August: +10.0 percentage points
ECB Target
Inflation is 22.1% 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 €124.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1975
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1974 |
|---|---|---|
| January | 19.9% | +7.9 |
| February | 19.9% | +6.8 |
| March | 21.2% | +7.7 |
| April | 21.7% | +6.5 |
| May | 25.0% | +9.1 |
| June | 26.1% | +9.6 |
| July | 26.3% | +9.2 |
| August | 26.9% | +10.0 |
| September | 26.6% | +9.5 |
| October | 25.9% | +8.8 |
| November | 25.2% | +6.9 |
| December | 24.9% | +5.8 |
| Average | 24.1% |
Data source
Data from OECD. Last updated: 17/12/2025.