Inflation United Kingdom 1992

Average inflation: 4.6%

Current Inflation

Inflation is high at 4.6%, well above the ECB target.

Peak and Trough

The highest inflation was in February at 6.3%. The lowest inflation was in December at 3.2%.

Highest month
February: 6.3%
Lowest month
December: 3.2%
Difference
3.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 13.4%. The lowest price increase was in Clothing and footwear with an average of -1.3%.

Highest increase
Education: 13.4%
Lowest increase
Clothing and footwear: -1.3%

Historical Context

Current inflation is 1.4% lower than the 5-year average of 6.0%.

5-year average
6%
10-year average
5.3%
All-time high (1975)
24.1%
All-time low (1986)
3.4%

Trend

Inflation shows a downward trend. Compared to 1991, inflation has fallen by +2.9 percentage point.

Change vs. previous year
-2.9 percentage points
Largest monthly swing
August: -3.8 percentage points

ECB Target

Inflation is 2.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1992

Inflation by category

Food and non-alcoholic beverages
2.2%
-2.4vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
8.8%
+4.2vs avg.
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Clothing and footwear
-1.3%
-5.9vs avg.
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Housing, water, electricity, gas and other fuels
5.7%
+1.1vs avg.
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Furnishings, household equipment and maintenance
2.3%
-2.3vs avg.
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Health
6.9%
+2.3vs avg.
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Transport
5.3%
+0.7vs avg.
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Communication
2.8%
-1.8vs avg.
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Recreation and culture
3.4%
-1.2vs avg.
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Education
13.4%
+8.8vs avg.
More details →
Restaurants and hotels
6.5%
+2.0vs avg.
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Miscellaneous goods and services
4.9%
+0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1991
January 6.2% -2.4
February 6.3% -1.9
March 6.2% -2.1
April 5.2% -2.8
May 5.1% -2.4
June 4.6% -3.1
July 4.5% -3.0
August 3.7% -3.8
September 3.7% -3.2
October 3.5% -3.0
November 3.3% -3.2
December 3.2% -3.3
Average 4.6%

Data source

Data from OECD. Last updated: 11/01/2026.

See also