The average inflation rate in the United Kingdom was forecast to continuously decrease between 2024 and 2029 by in total 0.6 percentage points. The inflation is estimated to amount to two percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.
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IMF. (October 22, 2024). United Kingdom (UK): Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved November 06, 2024, from https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/
IMF. "United Kingdom (UK): Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed November 06, 2024. https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/
IMF. (2024). United Kingdom (UK): Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: November 06, 2024. https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/
IMF. "United Kingdom (Uk): Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/
IMF, United Kingdom (UK): Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/ (last visited November 06, 2024)
United Kingdom (UK): Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/