Inflation United Kingdom 2012

Average inflation: 2.6%

Current Inflation

Inflation is normal at 2.6%, around the ECB target.

Peak and Trough

The highest inflation was in January at 3.2%. The lowest inflation was in September at 2.1%.

Highest month
January: 3.2%
Lowest month
September: 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 8.6%. The lowest price increase was in Recreation and culture with an average of 0.1%.

Highest increase
Education: 8.6%
Lowest increase
Recreation and culture: 0.1%

Historical Context

Current inflation is around the 5-year average of 2.9%.

5-year average
2.9%
10-year average
2.4%
All-time high (2011)
3.8%
All-time low (2000)
1.2%

Trend

Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-1.2 percentage point).

Change vs. previous year
-1.2 percentage points
Largest monthly swing
September: -2.4 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 2012

Inflation by category

Food and non-alcoholic beverages
3.3%
+0.6vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
6.0%
+3.4vs avg.
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Clothing and footwear
0.9%
-1.8vs avg.
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Housing, water, electricity, gas and other fuels
2.8%
+0.2vs avg.
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Furnishings, household equipment and maintenance
2.9%
+0.3vs avg.
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Health
3.0%
+0.4vs avg.
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Transport
2.4%
-0.2vs avg.
More details →
Communication
4.2%
+1.6vs avg.
More details →
Recreation and culture
0.1%
-2.5vs avg.
More details →
Education
8.6%
+6.0vs avg.
More details →
Restaurants and hotels
3.1%
+0.5vs avg.
More details →
Miscellaneous goods and services
2.2%
-0.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 3.2% -0.2
February 3.1% -0.6
March 3.1% -0.4
April 2.8% -1.0
May 2.5% -1.3
June 2.3% -1.3
July 2.4% -1.4
August 2.3% -1.6
September 2.1% -2.4
October 2.4% -1.9
November 2.4% -1.7
December 2.4% -1.3
Average 2.6%

Data source

Data from OECD. Last updated: 13/01/2026.

See also