Inflation United Kingdom 1979

Average inflation: 13.3%

Current Inflation

Inflation is very high at 13.3%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 17.4%. The lowest inflation was in January at 9.3%.

Highest month
November: 17.4%
Lowest month
January: 9.3%
Difference
8.1 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 12.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.6%.

Highest increase
Food and non-alcoholic beverages: 12.6%
Lowest increase
Food and non-alcoholic beverages: 12.6%

Historical Context

Current inflation is 2.4% lower than the 5-year average of 15.7%.

5-year average
15.7%
10-year average
12.7%
All-time high (1975)
24.1%
All-time low (1960)
1%

Trend

Inflation shows a downward trend. Compared to 1978, inflation has fallen by +5.0 percentage point.

Change vs. previous year
+5.0 percentage points
Largest monthly swing
October: +9.4 percentage points

ECB Target

Inflation is 11.3% 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 €113.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1979

Inflation by category

Food and non-alcoholic beverages
12.6%
-0.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1978
January 9.3% -0.6
February 9.6% +0.1
March 9.8% +0.7
April 10.1% +2.2
May 10.3% +2.6
June 11.4% +4.0
July 15.6% +7.8
August 15.8% +7.8
September 16.5% +8.7
October 17.2% +9.4
November 17.4% +9.3
December 17.2% +8.8
Average 13.3%

Data source

Data from OECD. Last updated: 17/12/2025.

See also