Inflation United Kingdom 1993
Average inflation: 2.6%
Current Inflation
Inflation is normal at 2.6%, around the ECB target.
Peak and Trough
The highest inflation was in March at 3.2%. The lowest inflation was in November at 2.1%.
- Highest month
- March: 3.2%
- Lowest month
- November: 2.1%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 10.1%. The lowest price increase was in Clothing and footwear with an average of -1.7%.
- Highest increase
- Education: 10.1%
- Lowest increase
- Clothing and footwear: -1.7%
Historical Context
Current inflation is 3.1% lower than the 5-year average of 5.7%. This approaches the lowest level since records began (2.6% in 1993).
- 5-year average
- 5.7%
- 10-year average
- 5.1%
- All-time high (1975)
- 24.1%
- All-time low (1993)
- 2.6%
Trend
Inflation shows a downward trend. Compared to 1992, inflation has fallen by +2.0 percentage point.
- Change vs. previous year
- -2.0 percentage points
- Largest monthly swing
- January: -3.2 percentage points
ECB Target
Inflation is 0.6% 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 €102.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 3.0% | -3.2 |
| February | 3.1% | -3.2 |
| March | 3.2% | -3.0 |
| April | 2.6% | -2.6 |
| May | 2.3% | -2.8 |
| June | 2.2% | -2.4 |
| July | 2.3% | -2.2 |
| August | 2.6% | -1.1 |
| September | 2.7% | -1.0 |
| October | 2.4% | -1.1 |
| November | 2.1% | -1.2 |
| December | 2.3% | -0.9 |
| Average | 2.6% |
Data source
Data from OECD. Last updated: 11/01/2026.