Current inflation United Kingdom 3.2%
January 2026
Current Inflation
Inflation is high at 3.2%, well above the ECB target.
Historical Context
Current inflation is 1.8% lower than the 5-year average of 5.0%.
- 5-year average
- 5%
- 10-year average
- 3.5%
- All-time high (1975)
- 24.1%
- All-time low (2015)
- 0.4%
Trend
Inflation has remained relatively stable. Compared to 2025, the difference is minimal (-0.7 percentage point).
ECB Target
Inflation is 1.2% 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 €103.20 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 3.2%
- Last year
- 3.9%
- 5-year average
- 3.2%
- All-time high (1975)
- 24.1%