Inflation United Kingdom 1999
Average inflation: 1.7%
Current Inflation
Inflation is low at 1.7%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in March at 2.1%. The lowest inflation was in October at 1.5%.
- Highest month
- March: 2.1%
- Lowest month
- October: 1.5%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 6.5%. The lowest price increase was in Clothing and footwear with an average of -5.2%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 6.5%
- Lowest increase
- Clothing and footwear: -5.2%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 2.3%. This approaches the lowest level since records began (1.7% in 1999).
- 5-year average
- 2.3%
- 10-year average
- 3.6%
- All-time high (1980)
- 18.1%
- All-time low (1999)
- 1.7%
Trend
Inflation has remained relatively stable. Compared to 1998, the difference is minimal (-0.1 percentage point).
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- May: -0.5 percentage points
ECB Target
Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 2.0% | +0.2 |
| February | 1.9% | +0.1 |
| March | 2.1% | +0.2 |
| April | 2.0% | -0.1 |
| May | 1.7% | -0.5 |
| June | 1.8% | -0.1 |
| July | 1.7% | 0.0 |
| August | 1.6% | 0.0 |
| September | 1.6% | -0.1 |
| October | 1.5% | -0.1 |
| November | 1.5% | -0.2 |
| December | 1.5% | -0.4 |
| Average | 1.7% |
Data source
Data from OECD. Last updated: 11/01/2026.