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% Annual inflation

Historical annual inflation

	2021	2020	2019	2018	2017	2016
	%	%	%	%	%	%
Jan	1.4	2.7	2.5	4.0	2.6	1.3
Feb	1.4	2.5	2.5	3.6	3.2	1.3
Mar	1.5	2.6	2.4	3.3	3.1	1.6
Apr	2.9	1.5	3.0	3.4	3.5	1.3
May	3.3	1.0	3.0	3.3	3.7	1.4
Jun	3.9	1.1	2.9	3.4	3.5	1.6
Jul	3.8	1.6	2.8	3.2	3.6	1.9
Aug	4.8	0.5	2.6	3.5	3.9	1.8
Sep	4.9	1.1	2.4	3.3	3.9	2.0
Oct	6.0	1.3	2.1	3.3	4.0	2.0
Nov	7.1	0.9	2.2	3.2	3.9	2.2
Dec		1.2	2.2	2.7	4.1	2.5

Latest News

09 Jan 2022

Chancellor announces £1 billion fund for businesses

On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.

09 Jan 2022

Self assessment taxpayers must declare COVID grants on tax returns

HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.

	2021	2020	2019	2018	2017	2016
	%	%	%	%	%	%
Jan	1.4	2.7	2.5	4.0	2.6	1.3
Feb	1.4	2.5	2.5	3.6	3.2	1.3
Mar	1.5	2.6	2.4	3.3	3.1	1.6
Apr	2.9	1.5	3.0	3.4	3.5	1.3
May	3.3	1.0	3.0	3.3	3.7	1.4
Jun	3.9	1.1	2.9	3.4	3.5	1.6
Jul	3.8	1.6	2.8	3.2	3.6	1.9
Aug	4.8	0.5	2.6	3.5	3.9	1.8
Sep	4.9	1.1	2.4	3.3	3.9	2.0
Oct	6.0	1.3	2.1	3.3	4.0	2.0
Nov	7.1	0.9	2.2	3.2	3.9	2.2
Dec		1.2	2.2	2.7	4.1	2.5

	2021	2020	2019	2018	2017	2016
	%	%	%	%	%	%
Jan	1.4	2.7	2.5	4.0	2.6	1.3
Feb	1.4	2.5	2.5	3.6	3.2	1.3
Mar	1.5	2.6	2.4	3.3	3.1	1.6
Apr	2.9	1.5	3.0	3.4	3.5	1.3
May	3.3	1.0	3.0	3.3	3.7	1.4
Jun	3.9	1.1	2.9	3.4	3.5	1.6
Jul	3.8	1.6	2.8	3.2	3.6	1.9
Aug	4.8	0.5	2.6	3.5	3.9	1.8
Sep	4.9	1.1	2.4	3.3	3.9	2.0
Oct	6.0	1.3	2.1	3.3	4.0	2.0
Nov	7.1	0.9	2.2	3.2	3.9	2.2
Dec		1.2	2.2	2.7	4.1	2.5

	2021	2020	2019	2018	2017	2016
	%	%	%	%	%	%
Jan	1.4	2.7	2.5	4.0	2.6	1.3
Feb	1.4	2.5	2.5	3.6	3.2	1.3
Mar	1.5	2.6	2.4	3.3	3.1	1.6
Apr	2.9	1.5	3.0	3.4	3.5	1.3
May	3.3	1.0	3.0	3.3	3.7	1.4
Jun	3.9	1.1	2.9	3.4	3.5	1.6
Jul	3.8	1.6	2.8	3.2	3.6	1.9
Aug	4.8	0.5	2.6	3.5	3.9	1.8
Sep	4.9	1.1	2.4	3.3	3.9	2.0
Oct	6.0	1.3	2.1	3.3	4.0	2.0
Nov	7.1	0.9	2.2	3.2	3.9	2.2
Dec		1.2	2.2	2.7	4.1	2.5