Inflation United Kingdom 2015

Average inflation: 0.4%

Current Inflation

Inflation is very low at 0.4%, well below the ECB target.

Peak and Trough

The highest inflation was in January at 0.5%. The lowest inflation was in September at 0.2%.

Highest month
January: 0.5%
Lowest month
September: 0.2%
Difference
0.3 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 Food and non-alcoholic beverages with an average of -2.6%.

Highest increase
Education: 8.6%
Lowest increase
Food and non-alcoholic beverages: -2.6%

Historical Context

Current inflation is 1.7% lower than the 5-year average of 2.1%. This approaches the lowest level since records began (0.4% in 2015).

5-year average
2.1%
10-year average
2.2%
All-time high (2011)
3.8%
All-time low (2015)
0.4%

Trend

Inflation shows a downward trend. Compared to 2014, inflation has fallen by +1.1 percentage point.

Change vs. previous year
-1.1 percentage points
Largest monthly swing
June: -1.5 percentage points

ECB Target

Inflation is 1.6% 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 €100.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
-2.6%
-3.0vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.1%
+1.7vs avg.
More details →
Clothing and footwear
0.4%
-0.0vs avg.
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Housing, water, electricity, gas and other fuels
1.3%
+0.9vs avg.
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Furnishings, household equipment and maintenance
0.1%
-0.3vs avg.
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Health
1.9%
+1.5vs avg.
More details →
Transport
-2.1%
-2.5vs avg.
More details →
Communication
1.4%
+1.0vs avg.
More details →
Recreation and culture
-0.5%
-0.9vs avg.
More details →
Education
8.6%
+8.2vs avg.
More details →
Restaurants and hotels
1.9%
+1.5vs avg.
More details →
Miscellaneous goods and services
0.3%
-0.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2014
January 0.5% -1.3
February 0.4% -1.2
March 0.3% -1.2
April 0.3% -1.4
May 0.4% -1.1
June 0.3% -1.5
July 0.5% -1.1
August 0.4% -1.1
September 0.2% -1.1
October 0.2% -1.1
November 0.4% -0.7
December 0.5% -0.2
Average 0.4%

Data source

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

See also