Inflation United Kingdom 1984

Average inflation: 5.0%

Current Inflation

Inflation is very high at 5.0%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 5.2%. The lowest inflation was in July at 4.5%.

Highest month
March: 5.2%
Lowest month
July: 4.5%
Difference
0.7 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 5.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.9%.

Highest increase
Food and non-alcoholic beverages: 5.9%
Lowest increase
Food and non-alcoholic beverages: 5.9%

Historical Context

Current inflation is 4.7% lower than the 5-year average of 9.7%.

5-year average
9.7%
10-year average
12.7%
All-time high (1975)
24.1%
All-time low (1967)
2.5%

Trend

Inflation shows a downward trend. Compared to 1983, inflation has fallen by +0.4 percentage point.

Change vs. previous year
+0.4 percentage points
Largest monthly swing
May: +1.4 percentage points

ECB Target

Inflation is 3.0% 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 €105.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1984

Inflation by category

Food and non-alcoholic beverages
5.9%
+0.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1983
January 5.1% +0.2
February 5.1% -0.2
March 5.2% +0.6
April 5.2% +1.2
May 5.1% +1.4
June 5.1% +1.4
July 4.5% +0.3
August 5.0% +0.4
September 4.7% -0.4
October 5.0% 0.0
November 4.9% +0.1
December 4.6% -0.7
Average 5.0%

Data source

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

See also