Inflation United Kingdom 2007
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in March at 2.9%. The lowest inflation was in July at 2.0%.
- Highest month
- March: 2.9%
- Lowest month
- July: 2.0%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 13.8%. The lowest price increase was in Clothing and footwear with an average of -3.7%.
- Highest increase
- Education: 13.8%
- Lowest increase
- Clothing and footwear: -3.7%
Historical Context
Current inflation is around the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 1.8%
- All-time high (1990)
- 8%
- All-time low (2000)
- 1.2%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.1 percentage point).
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- March: +0.9 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 2.7% | +0.5 |
| February | 2.7% | +0.5 |
| March | 2.9% | +0.9 |
| April | 2.7% | +0.5 |
| May | 2.5% | +0.1 |
| June | 2.5% | -0.1 |
| July | 2.0% | -0.5 |
| August | 2.0% | -0.6 |
| September | 2.0% | -0.5 |
| October | 2.3% | -0.2 |
| November | 2.2% | -0.6 |
| December | 2.3% | -0.6 |
| Average | 2.4% |
Data source
Data from OECD. Last updated: 11/01/2026.