Inflation and price indices - Office for National Statistics

<!DOCTYPE html> <html lang="en"> <head> <title>Inflation and price indices - Office for National Statistics</title> <meta charset="utf-8" /> <meta content="width=device-width,initial-scale=1.0,user-scalable=1" name="viewport"> <meta name="theme-color" content="#58595B"> <meta name="apple-mobile-web-app-status-bar-style" content="#58595B"> <meta name="description" content="The rate of inflation is the change in prices for goods and services over time. 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class="breadcrumb-neutral__item"> <a class="breadcrumb-neutral__link" href="/economy" >Economy</a> </li> <li class="breadcrumb__item"> Inflation and price indices </li> </ol> </div> </nav> </div> </div> </div> </div> <main id="main" role="main" tabindex="-1"> <div class="page-neutral-intro background--gallery"> <div class="wrapper"> <div class="col-wrap"> <div class="col"> <div class="col col--md-47 col--lg-48"> <h1 class="page-neutral-intro__title margin-top--1"> Inflation and price indices </h1> <p class="page-neutral-intro__content margin-bottom--3">The rate of inflation is the change in prices for goods and services over time. Measures of inflation and prices include consumer price inflation, producer price inflation and the House Price Index.</p> </div> </div> </div> </div> <div class="nav-secondary-wrap"> <div class="wrapper"> <div class="col-wrap"> <nav aria-label="On this page"> <div class="nav-secondary nav-secondary--border-right-lg col col--lg-half"> <h2 class="nav-secondary__title">On this page:</h2> <ul class="nav-secondary__list"> <li class="nav-secondary__item"><a href="#timeseries" class="js-scroll">Time series</a></li> <li class="nav-secondary__item"><a href="#datasets" class="js-scroll">Dataset</a> </li> <li class="nav-secondary__item"><a href="#publications" class="js-scroll">Publications</a></li> <li class="nav-secondary__item"><a href="#methodology" class="js-scroll">Methodology</a></li> </ul> </div> </nav> <nav aria-label="Related content"> <div class="nav-secondary col col--lg-half"> <h2 class="nav-secondary__title">View all content related to this topic:</h2> <ul class="nav-secondary__list"> <li class="nav-secondary__item"><a href="/economy/inflationandpriceindices/datalist">All data</a></li> <li class="nav-secondary__item"><a href="/economy/inflationandpriceindices/publications">All publications</a></li> <li class="nav-secondary__item"><a href="/news/statementsandletters/staticlist?query=Consumer Price Index">All statements and letters</a></li> </ul> </div> </nav> </div> </div> </div> </div> <div class="page-content"> <div class="padding-bottom-sm--2 padding-bottom-md--4"> <section class="wrapper"> <h2>Spotlight</h2> <div class="flex stretch flex-wrap-wrap content-space-between margin-bottom--2"> <div class="col--md-half col--lg-half margin-bottom--2 flex-col"> <div class="background--gallery margin-top-md--1 js-hover-click flex--1 flex flex-direction--column"> <div class="background--white width-md--23 width-lg--29 height-md--26 height-lg--35 margin-top-sm--0 margin-top-md--0 overflow--hidden"> <div class="width-md--23 width-lg--29 height-sm--35 height-md--26 height-lg--35 border-top--gallery-sm border-right--gallery-sm border-bottom--gallery-sm border-left--gallery-sm border-top--gallery-md border-right--gallery-md border-bottom--gallery-md border-left--gallery-md flush image-background"> <div class="sparkline" style="height:100%" data-sparkline-L55O data-uri="/economy/inflationandpriceindices/timeseries/l55o/mm23"> <noscript><![endif]--> <img class="img-sparkline js--hide" src="/economy/inflationandpriceindices/timeseries/l55o/mm23/sparklineimage" alt="CPIH ANNUAL RATE 00: ALL ITEMS 2015=100 between 1989 JAN and 2024 OCT "> </noscript><![endif]--> </div> <script type="text/javascript" src="/economy/inflationandpriceindices/timeseries/l55o/mm23/sparklineconfig"></script> </div> </div> <div class="flex--1 box__content padding-top-sm--2 padding-right-sm--1 padding-bottom-sm--2 padding-left-sm--1 padding-top-md--2 padding-right-md--1 padding-bottom-md--2 padding-left-md--1"> <h3> <a class="underline-link" href="/economy/inflationandpriceindices/timeseries/l55o/mm23">CPIH ANNUAL RATE 00: ALL ITEMS 2015=100</a> </h3> <p class="margin-bottom-md--1"> Change over 12 months </p> <p class="stand-out"> 3.2 % </p> <p class="stand-out--list"> 2024 OCT </p> <dl> <dt>Release date: </dt> <dd>20 November 2024</dd> <dt>Next release: </dt> <dd>18 December 2024</dd> </dl> </div> <div class="background--gallery box__content height--7 border-top--iron-sm border-top--iron-md padding-top-sm--1 padding-left-sm--1 padding-top-md--1 padding-left-md--1 more-link"> <a href="/economy/inflationandpriceindices/timeseries/l55o/mm23" class="block">View this data</a> </div> </div> <a href="#timeseries" class="btn btn--primary btn--full-width margin-top margin-bottom-sm--4 js-scroll">More data</a> </div> <div class="col--md-half col--lg-half margin-bottom--2 flex-col"> <div class="background--gallery margin-top-md--1 margin-bottom-md--2 js-hover-click"> <div class="background--abbey height-sm--35 height-md--26 height-lg--35 overflow--hidden"> <img src="//cdn.ons.gov.uk/assets/images/latest-publications.png" class="width-md--23 width-lg--29 height-md--26 height-lg--35" alt="" /> </div> <div class="box__content padding-top-sm--2 padding-right-sm--1 padding-bottom-sm--2 padding-left-sm--1 padding-top-md--2 padding-right-md--1 padding-bottom-md--2 padding-left-md--1"> <h3> <a class="underline-link" href="/economy/inflationandpriceindices/bulletins/consumerpriceinflation/october2024"> Consumer price inflation, UK: October 2024 </a> </h3> <h4>What's in the bulletin?</h4> <ul> <li>The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.2% in the 12 months to October 2024, up from 2.6% in September.</li> <li>On a monthly basis, CPIH rose by 0.6% in October 2024, up from 0.1% in October 2023. </li> <li>The Consumer Prices Index (CPI) rose by 2.3% in the 12 months to October 2024, up from 1.7% in September.</li> </ul> </div> <div class="background--gallery box__content height--7 border-top--iron-sm border-top--iron-md padding-top-sm--1 padding-left-sm--1 padding-top-md--1 padding-left-md--1"> <a href="" class="block"> Read this statistical bulletin </a> </div> </div> <a href="#publications" class="btn btn--primary btn--full-width margin-top--2 js-scroll">More publications</a> </div> <div class="flex-col background--gallery padding-top--2 padding-bottom--2 padding-left--1 js-hover-click"> <div class="col col--md-13 col--lg-13 margin-left--0"> <img src="/resource?uri=/economy/inflationandpriceindices/articles/howisinflationaffectingyourhouseholdcosts/2022-03-23/e9024f9b.png&width=208" alt="" /> </div> <div class="col col--md-30 col--lg-38 margin-left--0"> <div class="box__content padding-left-md--1"> <h4> <a class="underline-link" href="/economy/inflationandpriceindices/articles/howisinflationaffectingyourhouseholdcosts/2022-03-23"> How is inflation affecting your household costs? </a> </h4> <p class="flush"> Use our inflation calculator to see how increases in the cost of living have affected you in the past year. </p> </div> </div> </div> </div> <a class="underline-link" href="#main">Back to top</a> </section> </div> <div class="background--gallery padding-bottom-sm--2 padding-bottom-md--4"> <section> <div class="wrapper"> <h2 id="timeseries">Time series related to <span class="lowercase">Inflation and price indices</span></h2> <ul class="list--neutral margin-top--half"> <li class="col-wrap background--white padding-top--2 padding-bottom--2 padding-left--1 flush-col js-hover-click"> <div class="col col--md-15 col--lg-27"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/timeseries/l55o/mm23">CPIH ANNUAL RATE 00: ALL ITEMS 2015=100</a> </h3> <p class="flush">Change over 12 months</p> </div> </div> <div class="col col--md-15 col--lg-14"> <div style="height:96px;"> <div class="sparkline" style="height:100%" data-sparkline-L55O data-uri="/economy/inflationandpriceindices/timeseries/l55o/mm23"> <noscript><![endif]--> <img class="img-sparkline js--hide" src="/economy/inflationandpriceindices/timeseries/l55o/mm23/sparklineimage" alt="CPIH ANNUAL RATE 00: ALL ITEMS 2015=100 between 1989 JAN and 2024 OCT "> </noscript><![endif]--> </div> <script type="text/javascript" src="/economy/inflationandpriceindices/timeseries/l55o/mm23/sparklineconfig"></script> </div> </div> <div class="col col--md-13 col--lg-18"> <div class="tiles__content"> <span class="tiles__figure tiles__figure--list">3.2</span> <span class="tiles__unit tiles__unit--list"> %</span> <span class="stat__description"> 2024 OCT </span> <dl class="tiles__dl"> <dt class="tiles__dt">Release date:</dt> <dd class="flush">20 November 2024</dd> <dt class="tiles__dt">Next release:</dt> <dd class="flush">18 December 2024</dd> </dl> </div> </div> </li> <li class="col-wrap background--white padding-top--2 padding-bottom--2 padding-left--1 flush-col js-hover-click"> <div class="col col--md-15 col--lg-27"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/timeseries/l522/mm23">CPIH INDEX 00: ALL ITEMS 2015=100</a> </h3> <p class="flush">Index, 2015 = 100</p> </div> </div> <div class="col col--md-15 col--lg-14"> <div style="height:96px;"> <div class="sparkline" style="height:100%" data-sparkline-L522 data-uri="/economy/inflationandpriceindices/timeseries/l522/mm23"> <noscript><![endif]--> <img class="img-sparkline js--hide" src="/economy/inflationandpriceindices/timeseries/l522/mm23/sparklineimage" alt="CPIH INDEX 00: ALL ITEMS 2015=100 between 1988 JAN and 2024 OCT "> </noscript><![endif]--> </div> <script type="text/javascript" src="/economy/inflationandpriceindices/timeseries/l522/mm23/sparklineconfig"></script> </div> </div> <div class="col col--md-13 col--lg-18"> <div class="tiles__content"> <span class="tiles__figure tiles__figure--list">134.3</span> <span class="tiles__unit tiles__unit--list"> Index, base year = 100</span> <span class="stat__description"> 2024 OCT </span> <dl class="tiles__dl"> <dt class="tiles__dt">Release date:</dt> <dd class="flush">20 November 2024</dd> <dt class="tiles__dt">Next release:</dt> <dd class="flush">18 December 2024</dd> </dl> </div> </div> </li> <li class="col-wrap background--white padding-top--2 padding-bottom--2 padding-left--1 flush-col js-hover-click"> <div class="col col--md-15 col--lg-27"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/timeseries/d7g7/mm23">CPI ANNUAL RATE 00: ALL ITEMS 2015=100</a> </h3> <p class="flush">Change over 12 months </p> </div> </div> <div class="col col--md-15 col--lg-14"> <div style="height:96px;"> <div class="sparkline" style="height:100%" data-sparkline-D7G7 data-uri="/economy/inflationandpriceindices/timeseries/d7g7/mm23"> <noscript><![endif]--> <img class="img-sparkline js--hide" src="/economy/inflationandpriceindices/timeseries/d7g7/mm23/sparklineimage" alt="CPI ANNUAL RATE 00: ALL ITEMS 2015=100 between 1989 JAN and 2024 OCT "> </noscript><![endif]--> </div> <script type="text/javascript" src="/economy/inflationandpriceindices/timeseries/d7g7/mm23/sparklineconfig"></script> </div> </div> <div class="col col--md-13 col--lg-18"> <div class="tiles__content"> <span class="tiles__figure tiles__figure--list">2.3</span> <span class="tiles__unit tiles__unit--list"> %</span> <span class="stat__description"> 2024 OCT </span> <dl class="tiles__dl"> <dt class="tiles__dt">Release date:</dt> <dd class="flush">20 November 2024</dd> <dt class="tiles__dt">Next release:</dt> <dd class="flush">18 December 2024</dd> </dl> </div> </div> </li> <li class="col-wrap background--white padding-top--2 padding-bottom--2 padding-left--1 flush-col js-hover-click"> <div class="col col--md-15 col--lg-27"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/timeseries/d7bt/mm23">CPI INDEX 00: ALL ITEMS 2015=100</a> </h3> <p class="flush">Index, 2015 = 100</p> </div> </div> <div class="col col--md-15 col--lg-14"> <div style="height:96px;"> <div class="sparkline" style="height:100%" data-sparkline-D7BT data-uri="/economy/inflationandpriceindices/timeseries/d7bt/mm23"> <noscript><![endif]--> <img class="img-sparkline js--hide" src="/economy/inflationandpriceindices/timeseries/d7bt/mm23/sparklineimage" alt="CPI INDEX 00: ALL ITEMS 2015=100 between 1988 JAN and 2024 OCT "> </noscript><![endif]--> </div> <script type="text/javascript" src="/economy/inflationandpriceindices/timeseries/d7bt/mm23/sparklineconfig"></script> </div> </div> <div class="col col--md-13 col--lg-18"> <div class="tiles__content"> <span class="tiles__figure tiles__figure--list">135</span> <span class="tiles__unit tiles__unit--list"> Index, base year = 100</span> <span class="stat__description"> 2024 OCT </span> <dl class="tiles__dl"> <dt class="tiles__dt">Release date:</dt> <dd class="flush">20 November 2024</dd> <dt class="tiles__dt">Next release:</dt> <dd class="flush">18 December 2024</dd> </dl> </div> </div> </li> <li class="col-wrap background--white padding-top--2 padding-bottom--2 padding-left--1 flush-col js-hover-click"> <div class="col col--md-15 col--lg-27"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/timeseries/czbh/mm23">RPI All Items: Percentage change over 12 months: Jan 1987=100</a> </h3> <p class="flush">Not a National Statistic. Change over 12 months </p> </div> </div> <div class="col col--md-15 col--lg-14"> <div style="height:96px;"> <div class="sparkline" style="height:100%" data-sparkline-CZBH data-uri="/economy/inflationandpriceindices/timeseries/czbh/mm23"> <noscript><![endif]--> <img class="img-sparkline js--hide" src="/economy/inflationandpriceindices/timeseries/czbh/mm23/sparklineimage" alt="RPI All Items: Percentage change over 12 months: Jan 1987=100 between 1948 JUN and 2024 OCT "> </noscript><![endif]--> </div> <script type="text/javascript" src="/economy/inflationandpriceindices/timeseries/czbh/mm23/sparklineconfig"></script> </div> </div> <div class="col col--md-13 col--lg-18"> <div class="tiles__content"> <span class="tiles__figure tiles__figure--list">3.4</span> <span class="tiles__unit tiles__unit--list"> %</span> <span class="stat__description"> 2024 OCT </span> <dl class="tiles__dl"> <dt class="tiles__dt">Release date:</dt> <dd class="flush">20 November 2024</dd> <dt class="tiles__dt">Next release:</dt> <dd class="flush">18 December 2024</dd> </dl> </div> </div> </li> <li class="col-wrap background--white padding-top--2 padding-bottom--2 padding-left--1 flush-col js-hover-click"> <div class="col col--md-15 col--lg-27"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/timeseries/chaw/mm23">RPI All Items Index: Jan 1987=100</a> </h3> <p class="flush">Not a National Statistic. Index, 1987 = 100</p> </div> </div> <div class="col col--md-15 col--lg-14"> <div style="height:96px;"> <div class="sparkline" style="height:100%" data-sparkline-CHAW data-uri="/economy/inflationandpriceindices/timeseries/chaw/mm23"> <noscript><![endif]--> <img class="img-sparkline js--hide" src="/economy/inflationandpriceindices/timeseries/chaw/mm23/sparklineimage" alt="RPI All Items Index: Jan 1987=100 between 1987 JAN and 2024 OCT "> </noscript><![endif]--> </div> <script type="text/javascript" src="/economy/inflationandpriceindices/timeseries/chaw/mm23/sparklineconfig"></script> </div> </div> <div class="col col--md-13 col--lg-18"> <div class="tiles__content"> <span class="tiles__figure tiles__figure--list">390.7</span> <span class="tiles__unit tiles__unit--list"> Index, base year = 100</span> <span class="stat__description"> 2024 OCT </span> <dl class="tiles__dl"> <dt class="tiles__dt">Release date:</dt> <dd class="flush">20 November 2024</dd> <dt class="tiles__dt">Next release:</dt> <dd class="flush">18 December 2024</dd> </dl> </div> </div> </li> </ul> <a href="/timeseriestool?topic=/economy/inflationandpriceindices" class="btn btn--primary btn--full-width margin-bottom--2">View all time series related to Inflation and price indices</a> <a class="underline-link" href="#main">Back to top</a> </div> </section> </div> <div class="padding-bottom-sm--2 padding-bottom-md--4"> <section> <div class="wrapper"> <h2 id="datasets">Datasets related to <span class="lowercase">Inflation and price indices</span></h2> <ul class="list--neutral margin-top--half"> <li class="background--gallery flush-col padding-top--2 padding-bottom--4 padding-left--1 js-hover-click"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/datasets/consumerpriceinflation"> Consumer price inflation tables </a> </h3> <p class="flush">Measures of monthly UK inflation data including CPIH, CPI and RPI. 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The data are being made available for research purposes only and are not an accredited official statistic. From October 2024, private school fees and part-time education classes have been included in the item indices file. </p> </div> <li class="background--gallery flush-col padding-top--2 padding-bottom--4 padding-left--1 js-hover-click"> <div class="box__content"> <h3 class="font-size--h4"> <a class="underline-link" href="/economy/inflationandpriceindices/datasets/indexofprivatehousingrentalpricesreferencetables"> Index of Private Housing Rental Prices, UK: monthly estimates </a> </h3> <p class="flush">Rental price statistics historical data time series (indices and annual percentage change). 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Explore changes in the cost of everyday items and how this is affecting people.     </p> </div> </div> </div> </li> <li class="background--white padding-top--2 padding-bottom--2 padding-left-sm--0 js-hover-click"> <div class="col-wrap margin-left--1 padding-right-sm--2"> <div class="col col--md-13 col--lg-13 margin-left--0"> <img src="/resource?uri=/economy/inflationandpriceindices/articles/areyourwageskeepingupwithinflation/2017-06-20/9bdbc701.png&width=208" alt="" /> </div> <div class="col col--md-30 col--lg-38 margin-left--0"> <div class="box__content padding-left-md--1"> <h4> <a class="underline-link" href="/economy/inflationandpriceindices/articles/areyourwageskeepingupwithinflation/2017-06-20"> What are your wages worth? </a> </h4> <p class="flush"> Use our calculator to find out if your salary is keeping pace with inflation. </p> </div> </div> </div> </li> <li class="background--white padding-top--2 padding-bottom--2 padding-left-sm--0 js-hover-click"> <div class="col-wrap margin-left--1 padding-right-sm--2"> <div class="col col--md-13 col--lg-13 margin-left--0"> <img src="/resource?uri=/economy/inflationandpriceindices/articles/whatsinthebasketofgoods70yearsofshoppinghistory/2016-07-21/3efd2ff9.png&width=208" alt="" /> </div> <div class="col col--md-30 col--lg-38 margin-left--0"> <div class="box__content padding-left-md--1"> <h4> <a class="underline-link" href="/economy/inflationandpriceindices/articles/whatsinthebasketofgoods70yearsofshoppinghistory/2016-07-21"> What's in the basket of goods? 70 years of shopping history </a> </h4> <p class="flush"> Explore how the basket of goods has changed over the decades and how the ONS calculates inflation. </p> </div> </div> </div> </li> <li class="background--white padding-top--2 padding-bottom--2 padding-left-sm--0 js-hover-click"> <div class="col-wrap margin-left--1 padding-right-sm--2"> <div class="col col--md-13 col--lg-13 margin-left--0"> <img src="/resource?uri=/economy/inflationandpriceindices/articles/trainticketsandhybridcarsunderstandingspendinghabits/2024-08-06/a4e1c4f2.png&width=208" alt="" /> </div> <div class="col col--md-30 col--lg-38 margin-left--0"> <div class="box__content padding-left-md--1"> <h4> <a class="underline-link" href="/economy/inflationandpriceindices/articles/trainticketsandhybridcarsunderstandingspendinghabits/2024-08-06"> Train tickets and hybrid cars: understanding spending habits </a> </h4> <p class="flush"> New data shows the effect of strikes on train ticket sales, and the most popular second-hand cars in Great Britain </p> </div> </div> </div> </li> <li class="background--white padding-top--2 padding-bottom--2 padding-left-sm--0 js-hover-click"> <div class="col-wrap margin-left--1 padding-right-sm--2"> <div class="col col--md-30 col--lg-38 margin-left--0"> <div class="box__content "> <h4> <a class="underline-link" href="/economy/inflationandpriceindices/articles/consumerpricesdevelopmentplan/updatedaugust2024"> Consumer prices development plan </a> </h4> <p class="flush"> An update on the proposed development plan for consumer price statistics. 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to top</a> </div> </div> </section> </div> <div class="wrapper margin-top"> <section class="flex stretch flex-wrap-wrap content-space-between"> <div class="col--lg-two-thirds flex-col margin-bottom-sm--2 margin-bottom-md--4"> <div class="background--mercury margin-top--0 margin-left-md--0 margin-bottom-sm--2 padding-top--0 padding-right--0 padding-bottom--2 padding-left--0"> <div class="background--gallery padding-top--0 padding-left--0 padding-right--0"> <h2 id="methodology" class="tiles__title-h2 tiles__title-h2--nav font-size--h3">Methodology related to <span class="lowercase">Inflation and price indices</span></h2> </div> <div class="border-top--iron-sm border-top--iron-md padding-right--1 padding-left--1"> <div class="box__content padding-top--1 padding-bottom--1"> <ul class="list--neutral"> <li class="flush-top"><a class="underline-link" href="/economy/inflationandpriceindices/methodologies/consumerpriceinflationincludesall3indicescpihcpiandrpiqmi">Consumer Price Inflation (includes all 3 indices – CPIH, CPI and RPI) QMI</a></li> <li class="flush-top"><a class="underline-link" href="/economy/inflationandpriceindices/methodologies/retailsales">Retail sales</a></li> <li class="flush-top"><a class="underline-link" href="/economy/inflationandpriceindices/methodologies/usersandusesofconsumerpriceinflationstatisticsjuly2018update">Users and uses of consumer price inflation statistics: July 2018 update</a></li> </ul> </div> <a class="btn btn--primary btn--full-width" href="/economy/inflationandpriceindices/topicspecificmethodology">View all related methodology</a> </div> </div> </div> <div class="col--lg-one-third flex-col margin-bottom-sm--2 margin-bottom-md--4"> <div class="js-hover-click height--31-indented-ellipsis background--mercury print--hide"> <div class="min-height--10 background--gallery padding-top--2 padding-left--1 padding-right--1"> <h3 class="flush"> <a href="https://explore-local-statistics.beta.ons.gov.uk">Explore local statistics </a> </h3> 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