Inflation United Kingdom 1980

Average inflation: 18.1%

Current Inflation

Inflation is very high at 18.1%, far above the ECB target.

Peak and Trough

The highest inflation was in May at 21.9%. The lowest inflation was in December at 15.1%.

Highest month
May: 21.9%
Lowest month
December: 15.1%
Difference
6.8 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 13.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 13.6%.

Highest increase
Food and non-alcoholic beverages: 13.6%
Lowest increase
Food and non-alcoholic beverages: 13.6%

Historical Context

Current inflation is 3.6% higher than the 5-year average of 14.5%.

5-year average
14.5%
10-year average
13.8%
All-time high (1975)
24.1%
All-time low (1963)
2%

Trend

Inflation shows an upward trend. Compared to 1979, inflation has risen by +4.8 percentage point.

Change vs. previous year
+4.8 percentage points
Largest monthly swing
April: +11.7 percentage points

ECB Target

Inflation is 16.1% 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 €118.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1980

Inflation by category

Food and non-alcoholic beverages
13.6%
-4.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1979
January 18.4% +9.1
February 19.1% +9.5
March 19.8% +10.0
April 21.8% +11.7
May 21.9% +11.6
June 21.0% +9.6
July 16.9% +1.3
August 16.3% +0.5
September 15.9% -0.6
October 15.4% -1.8
November 15.3% -2.1
December 15.1% -2.1
Average 18.1%

Data source

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

See also