The United Kingdom’s annual core inflation rate rose to 3.8% in April 2025 from 3.4% in the previous month, exceeding market forecasts of 3.6% and marking its highest reading since April 2024. The annual CPI goods rate jumped (1.7% vs 0.6% in March), and the CPI services rate also accelerated (5.4% vs 4.7%). On a monthly basis, core consumer prices rose by 1.4%, accelerating sharply from a 0.5% gain in March. It was above expectations of 1.2%. source: Office for National Statistics

Core consumer prices in the United Kingdom increased 3.80 percent in April of 2025 over the same month in the previous year. Core Inflation Rate in the United Kingdom averaged 2.06 percent from 1997 until 2025, reaching an all time high of 7.10 percent in May of 2023 and a record low of -0.10 percent in June of 2000. This page provides – United Kingdom Core Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Core Inflation Rate – data, historical chart, forecasts and calendar of releases – was last updated on May of 2025.

Core consumer prices in the United Kingdom increased 3.80 percent in April of 2025 over the same month in the previous year. Core Inflation Rate in the United Kingdom is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Core Inflation Rate is projected to trend around 2.90 percent in 2026 and 2.20 percent in 2027, according to our econometric models.

Calendar

GMT
Reference
Actual Previous Consensus
TEForecast
2025-04-16 06:00 AM
Core Inflation Rate YoY
Mar 3.4% 3.5% 3.4% 3.3%
2025-05-21 06:00 AM
Core Inflation Rate YoY
Apr 3.8% 3.4% 3.6% 3.5%
2025-06-18 06:00 AM
Core Inflation Rate YoY
May 3.8%

Components Last Previous Unit Reference

Inflation Rate YoY

3.50 2.60 percent Apr 2025

PPI Output YoY

0.30 -0.10 percent Jan 2025

Related Last Previous Unit Reference

Consumer Price Index CPI
138.20 136.50 points Apr 2025

Core Consumer Prices
135.00 133.10 points Apr 2025

Core Inflation Rate YoY
3.80 3.40 percent Apr 2025

Core Producer Prices
136.90 136.50 points Jan 2025

CPI Housing Utilities
147.70 142.90 points Apr 2025

CPI Transportation
139.50 134.40 points Apr 2025

Food Inflation
3.40 3.00 percent Apr 2025

GDP Deflator
114.20 113.20 points Mar 2025

Inflation Rate MoM
1.20 0.30 percent Apr 2025

Producer Prices
136.80 136.10 points Jan 2025

Retail Price Index YoY
4.50 3.20 percent Apr 2025

United Kingdom Core Inflation Rate
In the United Kingdom, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.40 7.10 -0.10 1997 – 2025 percent Monthly

News Stream

UK Core Inflation Rate Highest in A Year

The United Kingdom’s annual core inflation rate rose to 3.8% in April 2025 from 3.4% in the previous month, exceeding market forecasts of 3.6% and marking its highest reading since April 2024. The annual CPI goods rate jumped (1.7% vs 0.6% in March), and the CPI services rate also accelerated (5.4% vs 4.7%). On a monthly basis, core consumer prices rose by 1.4%, accelerating sharply from a 0.5% gain in March. It was above expectations of 1.2%.

2025-05-21

UK Core Inflation Rate Edges Down to 3-Month Low

The United Kingdom’s annual core inflation rate inched lower to 3.4% in March 2025 from 3.5% in the previous month, matching market consensus while marking its lowest reading since December. The annual CPI goods rate eased (0.6% vs 0.8% in February), and the CPI services rate also slowed (4.7% vs 5.0%). On a monthly basis, core consumer prices rose by 0.5%, the largest increase in ten months, following a 0.4% gain in February. It was in line with expectations.

2025-04-16

UK Core Inflation Falls from 9-Month Peak

The United Kingdom’s annual core inflation rate eased to 3.5% in February 2025 from January’s nine-month high of 3.7%, slightly below market expectations of 3.6%. The annual CPI goods rate slowed (0.8% vs 1.0% in January) while the CPI services rate held steady (at 5.0%). On a monthly basis, core consumer prices rose by 0.4%, reversing a 0.4% decline in January and marking the highest level in four months.

2025-03-26