Inflation United Kingdom 2020
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 January at 1.8%. The lowest inflation was in August at 0.5%.
- Highest month
- January: 1.8%
- Lowest month
- August: 0.5%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Communication with an average of 3.9%. The lowest price increase was in Clothing and footwear with an average of -1.4%.
- Highest increase
- Communication: 3.9%
- Lowest increase
- Clothing and footwear: -1.4%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 1.9%
- All-time high (2011)
- 3.8%
- All-time low (2015)
- 0.4%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +0.8 percentage point.
- Change vs. previous year
- -0.8 percentage points
- Largest monthly swing
- May: -1.2 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 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 1.8% | 0.0 |
| February | 1.7% | -0.1 |
| March | 1.5% | -0.3 |
| April | 0.9% | -1.1 |
| May | 0.7% | -1.2 |
| June | 0.8% | -1.1 |
| July | 1.1% | -0.9 |
| August | 0.5% | -1.2 |
| September | 0.7% | -1.0 |
| October | 0.9% | -0.6 |
| November | 0.6% | -0.9 |
| December | 0.8% | -0.6 |
| Average | 1.0% |
Data source
Data from OECD. Last updated: 11/01/2026.