Inflation United Kingdom 2016
Average inflation: 1.0%
Current Inflation
Inflation is low at 1.0%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 1.8%. The lowest inflation was in January at 0.6%.
- Highest month
- December: 1.8%
- Lowest month
- January: 0.6%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 4.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of -2.4%.
- Highest increase
- Education: 4.8%
- Lowest increase
- Food and non-alcoholic beverages: -2.4%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 10-year average
- 2.2%
- All-time high (2011)
- 3.8%
- All-time low (2015)
- 0.4%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.6 percentage point).
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- December: +1.3 percentage points
ECB Target
Inflation is 1.0% 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 €101.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 0.6% | +0.1 |
| February | 0.6% | +0.2 |
| March | 0.8% | +0.5 |
| April | 0.7% | +0.4 |
| May | 0.7% | +0.3 |
| June | 0.8% | +0.5 |
| July | 0.9% | +0.4 |
| August | 1.0% | +0.6 |
| September | 1.3% | +1.1 |
| October | 1.3% | +1.1 |
| November | 1.5% | +1.1 |
| December | 1.8% | +1.3 |
| Average | 1.0% |
Data source
Data from OECD. Last updated: 11/01/2026.