Inflation United Kingdom 1982

Average inflation: 8.7%

Current Inflation

Inflation is very high at 8.7%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 12.0%. The lowest inflation was in December at 5.4%.

Highest month
January: 12.0%
Lowest month
December: 5.4%
Difference
6.6 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 7.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 7.8%.

Highest increase
Food and non-alcoholic beverages: 7.8%
Lowest increase
Food and non-alcoholic beverages: 7.8%

Historical Context

Current inflation is 3.4% lower than the 5-year average of 12.1%.

5-year average
12.1%
10-year average
14.2%
All-time high (1975)
24.1%
All-time low (1963)
2%

Trend

Inflation shows a downward trend. Compared to 1981, inflation has fallen by +3.2 percentage point.

Change vs. previous year
-3.2 percentage points
Largest monthly swing
December: -6.6 percentage points

ECB Target

Inflation is 6.7% 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 €108.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1982

Inflation by category

Food and non-alcoholic beverages
7.8%
-0.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1981
January 12.0% -1.0
February 11.0% -1.5
March 10.4% -2.2
April 9.4% -2.6
May 9.5% -2.2
June 9.2% -2.1
July 8.7% -2.2
August 8.0% -3.5
September 7.3% -4.1
October 6.8% -4.9
November 6.3% -5.7
December 5.4% -6.6
Average 8.7%

Data source

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

See also